Several years ago, I worked for a guy doing basement waterproofing. The system we used was called the "Beaver System" (hey, I didn't name it, I just installed it). It was basicly a plastic ductwork that was glued down to the floor about an inch out from the wall, and any water coming in through the walls was routed through the ductwork to a drain or sump pump.
Anyway, the glop that we cemented it to the floor with was called "Beaver Seal", but it was the exact same chemical compound as JB Weld, only it came in gallon paint cans (a gallon of the pasty white stuff and a gallon of the syrupy black stuff). We'd scoop both into a bucket, and mix it with a paint stirring bit on a drill. Then we'd smear it on the ductwork with a trowel, stick the ductwork on the floor, and just use wet fingers to smooth the seam (just like bathroom caulk). Truly amazing stuff. It would stick and seal, even if there was standing water on the floor where we stuck it down, and it was a lot harder than the concrete we stuck it to. I ended up with a lot of pairs of armor-plated jeans working that job.
Since then, I've used JB Weld to fix all kinds of things (radiators, bathtubs, silverware, you name it), but I'd have to say the entire perimeter of basement would be the biggest job.