Personally, I don't think liquid hide glue is a good choice-- it is very likely to reabsorb water, and revert to liquid. It never gets past that stage, as far as I know.
Owner/The Bass Spa, String Repairman/L & M Vancouver
Join Date: May 2006
Location: Crescent Beach, BC
What Chet said.
If you want bottled convenience, just use white or yellow glue. You're repairing the wood, not a seam or joint, so you don't really need the reversibility of hide glue.