A great idea. I hate those bottles (almost as much as I hate Titebond glue) so I use a Fastcap glue bot most of the time. Woodsmith magazine had a similar idea a few years back though I seem to remember that it looked more like a boot remover. It may have attached to the workbench somehow?
--Nathan, TX. Hire the lazy man. He may not do as much work but that's because he will find a better way.