Martin,
There are basically three types of engineering fit, a transitional fit, an interference fit and a clearance fit. Basically a clearance fit is where, for instance, the maximum tolerance of a shaft diameter is less then the minimum tolerance of the bore so it is guaranteed to slide in. An interference fit is where the minimum tolerance of the shaft is actually greater than the maximum tolerance of the bore so it is guaranteed to 'interfere'. The 'degree' of interference is determined by the range of tolerances for both components. Some interference fits can be put together with a hammer, some my require a hydraulic press but the heaviest fits may require heating of the bore and even cooling of the shaft to change the fit to a clearance fit to put it together. When the temperatures normalise you will then have the full interference fit.
Fabricated crankshafts on large marine diesel engines are assembled with heavy interference fits. There is no other mechanical device holding the two parts together yet they are capable of transmitting the power of the engine to the shaft. I don't know what kind of fit Keith has created in his shaft components but, if he has machined them correctly they should not need any assistance from a locking fluid. If he is using one it might be just because he feels he needs a greater level of security or he may be unhappy with the fit and feels it needs a little help. Personally I would prefer the fit to be a good interference fit that does not require help.
As an interesting aside, when you do a crankcase inspection on a large diesel engine you check the 'witness' marks. These are small marks stamped into the end of the shaft and the web of the crank. If there has been any undue load on the engine from say a water leak into a cylinder that wasn't cleared before starting or the propeller hits something then there is a possibility of the interference fit slipping. The witness marks show that the fit has not moved.
Keith is actually a very competent engineering modeller and used to come down to Kirklees occasionally so I know he knows what he is doing.
I hope this helps
Best regards
Richard