It is very good stuff, great product. I've used it long ago in the 80's, and a couple of other brands back then too.
My worry is the truck has a lot of little rust along the roof gutter channels, and the seam sealer is hiding the worst part. This truck here should not have anything too hard to fix properly.
I've seen many sedans with leaks at the base of the back windows; the seam sealer lets go in the truck jamb right at the corners of the window area. Nobody looks closely at that area or cleans it much. When the seam sealer hardens and cracks, it opens a big path for water to get under it, and the metal is eaten away in a few years. That kind of joint with sheet metal coming together in a corner, is extremely hard to take apart to fix rust.