Would not hurt as it will act as a thread sealant too.
As get older you will find the need for extra equipment. With my back problems I use the 2T engine crane here a lot. Yes I know it is over kill but when it takes some moving around a longer period my back thanks me the next day. But I am considering one of those gantry crane as the folding legs of the current crane keep getting in the way. I just don't like the idea of leaving it out in the weather.