I'm happy to hear this stuff exists. Last night I removed my seat to hook up the battery tender and noticed that a thick wire that runs to a 40 amp fuse was completely broken off. It appeared that the wire broke at the connector attached at the positive terminal. There was also an indications that it must have been shorting or arcing. This probably explains why when I was riding, the tach would suddenly go beserk, from shutting off completely, racing up and down or flashing so fast that it looked like strobe lights. Plus, I had noticed that when I tried starting the bike, it sounded odd, kind of like wanting to crank over, but only doing about a tenth of a crank then nothing. On the second attempt it would work, but once riding the tach did it's weird thing.
So, last night I purchased the proper size connector, soldered it up, heat shrink everything and was wondering about finding something I could cover the terminal with. Now I know. What a great site!