Devcon is the brand name, they make all kinds of stuff. Here are some candidates:
w w w .acklandsgrainger.com/AGIPortalWeb/WebSource/ProductDisplay/globalProductDetailDisplay.do?item_code=DVC10110
w w w .acklandsgrainger.com/AGIPortalWeb/WebSource/ProductDisplay/globalProductDetailDisplay.do?item_code=DVC10610
w w w .acklandsgrainger.com/AGIPortalWeb/WebSource/ProductDisplay/globalProductDetailDisplay.do?item_code=DVC10610 *i used this... I guess I was feeling spendy that day! I'm a sucker for milspec #'s. I have a LOT of it left over, so the cost will spread around... when you figure what J-B costs per POUND, it's fairly comparable to that considering that I use it for lots of other stuff around the workshop and will use it up eventually. The other two examples are far cheaper!
As far as the marine stuff goes, a lot of the stuff for fiberglass is polyester resin, not what you want to use. What you're looking for is an epoxy resin. As with everything, don't get too caught up with brand names. The devcon is a two part epoxy putty with powdered metal in it to give it cartain qualities. J-B weld is a two-part epoxy putty which is very similar, but marketed to a different target customer. I believe that if you add some powerded aluminum to the J-B weld, it will be identical in properties to devcon in as much as is necessary for the purpose of this project. In conclusion, I wouldn't give up on the J-B, and I would probably pick it over any of the fiberglass stuff. I just think it might be good to "tweak" it a little with aluminum powder, to make it able to withstand a lot more shock without cracking. For quantity, just eyeball it and don't go overboard. I don't think it's necessary to do, and I think that a J-B weld bedding job will work just fine for the life of your bedding job. This tweak however, removes any doubt. It just softens it up a little, like the metal in the devcon.
I have only done bedding once, the job I just finished on my M14. So I'm no expert here, and this is just my opinion. I'm sure the reason for so much debate in this matter on the net is that there are many products suitable for this job. It really is a simple thing, all you're doing is filling some gaps. You will get an improvement no matter what you use, but these were the products that my logic had me choose.
With regard to strengthening the forearm, it you really want to do this you don't need the glass, just the resin. The wood will do the same job as the glass, just hog out lots of channels and gouges to help it bond mechanically. I didn't do it on mine.
Good luck and let us know how it goes!