I would use the titebond 2. For balsa, it will set up enough to move in about 1 or 2 hours. On hardwoods and plywood, go at least double the times. and both overnight for full cure/hardness.

Titebond is not a substitute for epoxy. Both may be stronger than the wood but epoxy stays semi-flexable. When instructions call for epoxy, use epoxy. When instructions call for CA you can use Titebond except when using on CA hinges.