Yes. Apply the glue very, very thinly. Applying it thinly will dry in seconds and will yield much better finished results. (You can even water the glue down a tiny bit if you need it thinner.)
Judging from a quick google search, nail artists LOVE the Best Glue Ever™ for foiling on nails. For example, see Kyong Lee’s video or Robin Moses’ blog post.
Here’s a video by DsMahnken applying the Best Glue Ever™ with a rubber roller to an embossing folder/ texture plate. She then uses ScraPerfect’s Best Cleaner Ever to clean her roller!