Your choices are good and will work well. Epoxy is heavy, but for the engine area and joining the wing to the fuselage, it is a good choice. It is strong and very fuel proof. The Elmer's white glue also works well for normal balsa to balsa joints. You need to use it sparingly as it, too, can get heavy. It, also, takes a bit of time to dry so that must be factored in, and, because it wets the area, care must be used in certain applications or warps can develop. It is, however, quite inexpensive and works well.
Ambroid and similar glues can, also, be used, but they never quit drying. This means they, also, can warp the structure, and an old airplane built with Ambroid will probably fall apart, for the glue joints will pull away from one another.
We like the CA type of glue and use it for most applications. The thin stuff will wick into the wood, so there is good penetration. You are right in that you don't have time to move parts, but you don't need to. You hold them together, then apply the glue. If you have a tight joint before you apply the glue, it will hold well when making balsa to balsa joints (unless you have large areas that you are laminating. Then you should use something else.) If the joints aren't quite so tight you can use the thicker, gap filling CA. With this you can apply a dab of glue to one piece to be glued and then immediately stick it to the other. The real advantage of CA glues is they dry immediately. You save time, don't have to worry about pins, etc. It is strong enough you can even glue the wing to the fuselage with CA. If there are gaps, wedge small pieces of balsa in before applying the glue. Or put a little baking soda in the gap and then apply the CA glue. The baking soda will make it kick immediately, and will, also, give you an almost cement hard filler. It is not great to sand, so you want to make sure you don't have to.
With all glues, use as little as needed. The yellow Carpenter's glue is another choice that can be used in those areas where you would use the white Elmer's glue, or, even, CA. One more caution: The CA glue can give off a smoky odor as it kicks (hardens) and some people find they are alergic to this. We have not found it to be a problem, but others will use it only in a well ventelated work area. If you do choose to use it, you might watch for this.