Though with single coil pickups and noise reduction, shielded wire will do almost nothing compared to shielding the pickup cavities.
In have not seen or heard any mention of shielding paint in the cavities, which would be a far better marketing point IMO.

It's not the easiest wire to use for short distances and cloth single core is a lot easier for wiring between switches and pots, with a greatly reduced risk of creating shorts.
Yeah, but dude, it's braided. Everyone knows that peaks on the mojo-meter.