Thanks Bob,
That's great info. I'm still 2+ months away from being ready to spray, so it will be an outside job. I did toy with the idea of spraying primer and then undercoat on just the underbelly in the garage, but have pretty much nixed that idea and your info about smell will help me stick to it.
I was leaning heavily toward 3M or Wurth schutz but am very intrigued by the bedliner. I've dug all over the interwebs for info and have yet to read any substantial negative complaint about bed liner as an undercoat. The main complaint I see about rubberized undercoat is that it dries out over time and then can chip or crack. That fits my experience with other cars. And yes, my wife has "odor Tourette syndrome." No matter how obviously smelly something is, she compulsively says, "that stinks."
For my project, I'm not going to get too picky about originality on the belly coating. I will undercoat in black to match how my car rolled away from the dealer but without that stuff globbed all over my suspension and cables. But I'm interested in whatever provides the latest and greatest long-term protection.
Unfortunately, I like actual data, but haven't found any objective tests comparing options. Spray-on bedliner seems like an ideal undercoat but, back to my question, why is it not being marketed for undercoating, and why do brands that sell bed liner have different products for undercoat?