Steve,
With due respect to earlier respondents: you may possibly get away with it.
The classic anaerobic Loctite grades cure into something resembling Perspex [which is thermoplastic] and, although too much heat will burn it, just the right ammount will soften it.
Success or falure will depend upon a multitude of factors
- Size and fit of Parts
- Grade of Loctite
- Control of temperature
- Distance to be shifted
- < etc. >|
but it is fairly common practice amongst amateur Clockmakers; having been 'promoted' by John Wilding.
If the impact of failure is not too high … I would give it a go.
MichaelG.