Chemically speaking, those chassis treatments work very well in bonding to metal. I'm not a big fan of POR-15, but the Chassis Saver has me sold. I've sold tons of it (incluing to professional body shops). Nothing but rave review for years. I have a fender for the LeBaron that's coated with Chassis Saver. It's been sitting outside for two years, and other than the fact that the gloss black has turned into a very-dark flat gray, since it's in direct sunlight every day, but the metal has not degraded at all. It definitely has its quirks, though. The metal must have an etch for it to stick, and like 69.5CUDA said, once it's cured it's a bastard to grind. It will not hold primer or topcoats without being scuffed first, and that's not easy.
As far as bonding to metal, the Chassis Saver is incredible. We had demonstrator panels painted with it, and it took a hammer and screwdriver to even scratch the stuff. We folded it back on itself in a vise, making a perfectly-flat fold. It didn't damage the finish whatsoever. It will literally weld two pieces of metal together; good luck separating them. I have a feeling the stuff 69.5 is using is very similar, if not relabeled Chassis Saver with an Eastwood label.