I have considered doing this also, just as a precaution. Did you first use an oil solvent to get any traces out of the gap? To answer one of the above posters, Locktite is designed to wick into extremely small spaces, so if there were no other foreign materials in there, I think it would work very well on a motor that is not yet having troubles.
I recently got a responce from Ford on this issue. They indicate they currently have about 50 confirmed instances out of the 19,000 or so engines out there. As a result, they are not takiing this as a major concern yet. At that ratio, I certainly see their point, though I admit it remains a back of the mind concern for me, as an owner.
The locktite certainly cannot hurt, and it is an exceptional adhesive for this kind of situation, provided the gears are not already loose on the cam. For that matter, welding in three 120 degree separated spots between the cam and each gear should work fine too, and if there is some play, that is likely the only answer short of new cams and gears. But in general, I think this might all be getting overstated a bit. I know it sounds scary from the reports over on V8SHO.com, but the number of problems for the number of motors is miniscule, and we have no idea of the conditions under which the subject motors have been in use (it being hard to trust completely what an upset owner reports in this area).
I might pop the covers and Locktite mine this summer. Or I might just go sailing...
pax, smn