I have it, but almost never use it. I am not comfortable with it as being reliable for knife work, and certainly not for fine jewelry work.
It blocks a flame from touching the surface covered, but won't stop heat from moving through the metal. That works fine for protecting thin places in a ring while welding a new shank on. However, anything under the paste and still in contact with the mounting, like a delicate stone, may still be ruined by heat from the hot metal.
If used to protect a HTed blade while doing some brazing on the tang, I would expect some of the heat to still run down into the blade and affect the temper. It protects the surface from the flame, but doesn't have enough thermal mass in my opinion.
I prefer placing the blade in a larger heat sink (more thermal mass). like between two metal plates, in water, or wrapped in a wet towel.