I would not put that on my bike or car for that matter. I have seen enough of this stuff go bad with age and ruin the paint when it cannot be taken off. The surface cracks and dries up and turns brown or black. It may be ok for a short time but not a permanent fix.
Absolutely Bob...totally...a good wax is far superior AND safer! That plastic crap in time will just scratch...and how are you suppose to 'polish' those out!