Yeah I am not too sure on this stuff(I know the GE silicone II * Correction Silicone I is safe), And from what I have read you are looking for anything that is 100%silicone and no anti mold/fungal etc(which this seems to be). The Lowes site says this is anti mold, but I don't recall seeing it on the actual product(and lowes has been known to goof up their specs quite often). I think so long as it is 100% silicone and no anti mold once it cures there would be no risk of danger (anyone wanna chime in on this?)
I used the GE Silicone II *GE Silicone I in my sump and had no ill effect, I also used the dap squeeze tube of labeled aquarium safe silicone, was the same crap as the GE but I paid 4 dollars more for less and it was a pain to squeeze the tube and control the nozzle in tight spaces. The GE Caulk Tube was much more practical and under 5 bucks.
Not sure if GE will actually comment on it's viability in the aquarium? even if it is I bet they plead the 5th
Let us know what you learn!
I also have read this is the same blend as GE I which was labeled as aquarium safe on the product by GE and they sold it to All Glass aswell. It appears also that GE II is not labeled aquarium safe as it releases ammonia as it cures(but no risk once cured). And GE I realeases acetic acid (actually all do, but it appears II is a diluted strength) May play a part as to why GE no longer endorses aquarium safe for legal reasons.