Well I'm not exactly sure what you are trying to do, but yes I used that to glue my control panel overlay onto an MDF panel. I used the same brand and product name.
On the other hand, I don't think you would be able to glue down a full piece of sideart with that without getting ugly folds or bubbles trapped underneath. It sticks pretty quickly and I don't think allows any adjusting after you put it on, so you cannot get airbubbles out if you trap them in.