The hot melt I use looks like the glue gun hot melt sticks, but I am not sure if they are the same.  I got them years ago from 3 rivers (i think)  - and they would fit in my glue gun, although I use a candle when gluing on points and nocks.  I know lots of guys get all up in arms about this topic, but I have never had a problem.  
I dont like to use super glue, epoxy or other permanent glues, as I like to be able to heat the point so I can remove and replace it with others for tweaking spine and for making field point arrows into broad heads, when the need arises.  
My thoughts.  I am sure others will follow.  
Russ