As for it being used in basements, all it is....is, another name for an inside system that DIVERTS water,does not stop/prevent water from entering through exterior cracks etc in block basements walls etc.
These kinds interior water-diverting systems where they also put vinyl/fiberglass etc sheeting against the inside wall(s) HIDES/CONCEALS the actual CONDITION of the basement wall,hides any cracks....cracks that can widen or a wall that can bow inward.
It hides water/moisture that enters,hides mold,efflorescence that can grow on basement wall BEHIND the lousy sheeting.But it will give insects a nice place to hide.
Here.. http://www.hydraway.net/residential/residential.php Eyeball LEFT image, see sheeting against wall. If this is what you/others want then its all yours,step right up.
Let`s see what this guy says about WATERPROOFING, shall we? http://www.chicagotribune.com/business/chi-basement-remodel_chomes_0919sep19,0,6134261.story
..."Be prepared to weed through an array of proposals from waterproofing contractors--ALOT of them BOGUS...Done right,basement waterproofing is an EXTERIOR operation..."
How about this guy... http://www.moneypit.com/ask-tom-leslie/beware-basement-waterproofers.html In part says, homeowner was BS`d into an inside system,paid over $14,000,still leaks etc... Tom`s reply in part, "Unfortunately it sounds like you`ve been taken by a common SCAM perpetrated by SO-CALLED basement waterproofing experts.....advice is to SUE the contractor for not correcting the problem AND for FRAUD"
I most certainly agree. Most of these owners and salespeople of INSIDE SYSTEMS do NOT....first,correctly and honestly define/identify how/where the water is entering, they rather give homeowners a bunch of nonsense/false claims/lies, one example is they`ll tell HO something like this, "Oh Mr & Mrs Jones you have a hydrostatic pressure problem under the basement floor that only an inside system can solve"....junk like that.
ALL inside systems, including the one you asked about, also does NOT remove expanding-contracting SOIL off the outside of a basement wall which causes many cracks and susequent leaks and can also cause some walls to bow inward.Underground ROOTS can also cause cracks,leaks etc,so too can exterior concrete slabs or a porch footing.
U S Army Corps of Engineers, a few PIC`s http://www.lrb.usace.army.mil/AmherstSoilStudy/photos/photos.html
Pic 1. Lateral pressure CAUSING typical 45 degree stair-step crack in block basement wall. NOTE: The inside system/the sheeting against LOWER blocks etc. NONE of this fixed/resolved the problems!
Pic 2. Lateral pressure causing vertical mid-span crack in basement wall. NOTE: attempted epoxy or whatever was put in crack, it did NOT solve/fix the problems
Pic 3. Lateral pressure causing top of basement wall to bow inward 9 inches (pilasters FAILED to brace wall)
Misrepresenting the reason(s) water is entering a basement and/or there is a crack(s) in a wall or a wall bowing in for SELF GAIN is.... incompetent,negligent and in THIS business,often FRAUD. Many use false claims,lies to sell homeowners the only thing they do,inside systems.