In theory I guess it could work. Hair glue is made to bond track to hair ( most girls put it on their scalp not knowing that the glue shouldn't sit on your scalp at all or when you try to remove it it will take your hair out from the roots .. I found that out in 9th grade .. it was a HARSH lesson learned). It is even the same kind of elastic consistency as duo glue when it dries.
I happen to have both items laying around. Here are the ingredient list of each
Natty weaving Bond : Natural Rubber Latex, anti-oxidants, preservatives and colors
Duo glue: Water, Cellulose gum, sodium dodcylbeznesulfonte (wtf?), rubber latex, fragrance, formalin solution, ammonium hydroxide
my thing is though ... how can you stand the smell of the bonding glue near your eye? It would make mine tear up wickedly!
and I just KNOW that weaving bond has to have some kind of ammonia in it. It smells just like ammonia.