Without seeing something specific, I would not trust it for electronics. It might work, but we simply do not know enough about it at this time. Possible issues:
- Is the stuff itself conductive or otherwise electro-magneticaly reactive? It doesn't matter if it keeps the water off, if shorts things out itself.
- Is the stuff corrosive?
- Does the water repelling nature break down over time? I think it does, but don't quote me.
- Can water still get stuck in cracks and crevices? I guess that it can, since you can't spray it everywhere.
It is hard to beat a water barrier, which this stuff is not. It would be cool if I'm wrong, but I'm not going to bet on it.