Franklin makes a number of "types" of Titebond glue, most notably Titebond (original/I), Titebond II and Titebond III. Each has slightly different properties for different intended purposes.
Those using Titebond for guitar work usually use the original. The other types will work but aren't best suited to the purpose for most things guitar related. (Titebond III offers increased water resistance and is sometimes used for gluing purflings to bindings prior to wetting/heating for bending. The III can reduce the chances of the bindings and purflings separating while bending.)
The type of glue used is often less important than the quality of/approach to the way the work is done.
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