Solvent-based polyurethane coatings have excellent adhesion and when used as a base coat over asphalt, EPDM, TPO or PVC, it eliminates the need for a primer. The resulting savings on labor and material more than offsets the higher cost of the product. When top coated with silicone, it gives you the best of both worlds. It's also an excellent gutter and RV coating.
As this example illustrates, it's important to seal the envelope completely. One of spray foam's biggest selling points is its air-sealing ability, but it can't seal places where it's not sprayed. One of the nice things about using spray foam in new construction is that you can do a Blower Door test before the drywall goes in. Even better, you can test for leaks with a fog machine.
I don't even want to ask this question but... several years ago we hired a local contractor to spray high density foam on the roof deck and walls of our unfinished 2nd floor. We realized that the job was done poorly and cut an access into the attic space to assess things. We realize now that they spray foamed directly to the chimney (no flashing). The chimney is currently used for a woodstove and DHW venting. The DHW will go away but wood stove will remain. My question is, how bad (unsafe) is this? I have found information on foam exposure to fire but have not been able to find anything about temperature ratings in general (i.e. what happens on prolonged exposure to high temperatures).