The number of iffy ways of fitting reel seats that some manufacturers (or their far eastern suppliers more likely) use to fit reel seats never ceases to amaze me when I'm stripping rods for repair or rebuild. Admittedly most seem to work as it's surprising how little glue is required to bond a reel seat to a blank securely. Most times I'm replacing a worn seat rather than one that is loose - although that does happen.
The latest find is a fantastic piece of minimal tape use. I think I've seen this cloth tape used before, but not in such narrow rolls. The glue is a mystery though. It took very little heat to free the seat and the glue didn't look, feel, or smell like an epoxy.