I apply it as thin an as little as possible, .005" when compressed. Yamabond or Hondabond just works good, they use it on intake manifolds and gaskets and rubber tubes to seal. Its sticky and dries fast, that's why I have the cyld w/ piston & rings inside and ready to drop. put a small bead around the case seal area, smooth it out, and wipe extra goo off the engine case sides. If it is on too think it will bead up on the inside seam, an might break off and get inside the engine.
Ok, other options, a paper base gasket is upto.025" thick, and stock copper is .020", and at pocketbikeparts online store under MT-A1 or A2 hp parts, they have .010" copper gaskets. On the copper gaskets I use Permatex high temp copper head gasket spray, great stuff.
The main reason for using Yamabond is to lower the cyld on the cases and raise the compression.