How does much does it cost? I use school glue sticks for applique and it's very cheap and does all that you say. Not sure if it would hold a zipper like TShooters says but don't know that I'd use it for that either. I have to watch my money that's whay I also use the June Tailors Basting spray from Walmarts; it does the same as 505 but it a lot cheaper and yes, I've compared them both. So cost would be a factor for me.