Are you asking about the semi-permanent paint style products that are out there, or the kiwi silicon polish in a sponge type ones?
I have a pair of shoes that have "Shape up Instant Shoe Shine" on the toecaps. I tried it out about 10 years or so, because I was sick of spending time bulling my shoes, only to scuff them whilst driving, or whilst doing stuff at the squadron. The finish isn't as impressive as a properly bulled shoes, but it looks fairly decent, lasts a lot longer, and takes more punishment. Plus, if you get dirt on your shoes, you can wipe them over with a damp cloth, and they are as good as new in seconds!
I think bulling shoes is a good life skill to learn, and often found it therapeutic, but as you get older, I found that there were more profitable things to spend that time on!