Has anybody in this Forum had any documented negative results form the use of CPES?
Yup, ... you did, just above:
other than the fact that the color is a tad darker than I would have prefered.
Like I said above, I've never used it, so I can't comment on definite negative aspects. But, I've voiced some concerns that I have (to go off the wall entirely, what if it turns purple after 15 years of UV exposure...? Or more realistically, if it is flexible now, as you claim above, will it still be flexible in 15 years?) There have been lots of cure-alls that have not panned out in the long term (Herter's sold an awful lot of fiberglass to fix leaky canoes....)
I'll also admit I've not researched it exhaustively, but it appears to simply be a wood consolidant, meant to make rotted bits stiff enough to make repairs without outright replacement. This can be useful in architectural terms (and I did use a similar product to help repair some sills in my house) and perhaps in larger boats, but every part of a wood canoe is easily replaceable. Why bother?
And, $100/gallon??? No thanks. You can make a perfectly good (and reversible) wood consolidant from copal resin and acetone (essentially what Minwax sells as "Wood Hardener") at a fraction of the cost. If that is what you need. Look at the Woodenboat Forums discussions on CPES. No clearcut consensus - there are those that worship it, and those that despise it. For me, it is too expensive, with no perceived benefit, and too much to risk in the long term.
As for steel staples, Chris Merigold once told me that steel staples will last longer than the canvas. So no worries there. On the other hand having pulled lots of fragments of steel staples, I suggest invoking the second rule of canoe restoration. In order, my two rules are:
1) Try not to make any repair that is not 100% reversible
2) If that repair comes back to your shop sometime in the future, will you swear at it? If the answer is "yes", figure out a different way to do it.
Stainless staples are cheap insurance against teaching your kids words they should not be using....
Enough rambling, time for bed...