I use Titebond glue all the time for work as well as for building airplane kits, the differences in the types.
TB-the origonal formula durrable for interior use not water proof
TB II-water resistant formula can be used for exterior uses when sealed from the weather
TB III-water proof exterior formula
http://www.titebond.com/IntroPageTB....uctIntroTB.asp
in all my years of modeling and wood working I have never used wt. glue for glueing wood, unless it was for a craft project, yellow wood glue is by far the best and strongest to glue any wood.
the exeption would be weldbond which is wt. in color but way stronger than Elmers wt glue