Works well. The hard part is getting them apart! Although nail varnish remover (Acetone) breaks the bond, heat is more effective in my experience, ideally a bit above 100°C, pressure cooker maybe. Temperature and time required depends on the glue: they're not all the same. Some superglues break easily in boiling water, others take ages. May be worth trying a few types.
First hint, don't use too much glue on large diameters. There's an advert showing a car being lifted by what looks to be a 25mm diameter rod stuck to the roof by a single generous drop of superglue.
Second hint, glued joints are weaker when struck sideways rather than pulled vertically. Provided the job isn't too delicate, a sharp sideways tap with a hammer will often shift it.
Dave