No it would be better to allow the epoxy to penetrate the wood itself... Tite bond III is the slower curing of the tite bonds and that allows it to penetrate the wood a little better..So it will make a stronger butt joint but for laminating it will tend to warp more..It is much harder when set so it is important to clean any squish out before it sets up too hard..I use a sharp putty knife sometimes ..It just depends on the joint but dont forget because if you let it set up hard it is like sanding glass...I think on your basswood joints I wood use tite bond III . Why don't you do a couple of test joints with your different glues and some scraps of basswood ?? Thats what I do when I can't decide what glue I want to use ...It will really help show what holds what...