It is a typical weld, but MEK generally produces weak joints. That said, when I did mine - I compared several joints using PVC pipe cement, straight MEK, and several others gluing flat sheet to flat sheet (similar to laminating) in ~3 square in areas. None would break on break tests, period.
One thing to keep in mind when looking a PSI ratings and whatnot is that chemical welds stress acrylic and this weakens the material to varying degrees based on the properties of the solvent.
As an example; PVC pipe cement (primarily THF) creates "glued" bonds as THF does not dissolve acrylic but does stress the hell out of it, so more apt to craze. In this case, while the bond is strong, the acrylic becomes weaker than the "advertised" 10,000psi rating so the acrylic cracks before the bond. And all solvents will do similar, again to varying degrees as that is the nature in which they work - they stress the material into solution.
Even "soak times" will affect material in similar fashion using any given solvent. An acrylic bond with a 15 second soak time can be much stronger than a 2 minute soak time. While actual "joint strength" may be similar - the acrylic becomes more stressed with the longer soak time, therefore weaker.
These are the types of things that IPS nor Cyro nor anyone else goes into so I personally don't give much credence to any of their specs.
And yes, acrylic shavings can be added to any acrylic solvent to thicken it
Using 16 on a PVC bulkhead fitting produces a similar effect. Because it's (16) is thickened, it will stick to damn near anything, but it is not "biting" into the PVC enough to make a chemical bond. Please keep in mind I'm referring to PVC (Sch80) bulkheads. If you call Cyro or IPS or whatever, they might be referring to the standard ABS bulkhead fittings which methylene chloride will certainly bite into. Acrylic being the primary component of ABS
HTH,
James