What are the benefits of using water-based wood putty for filling in cracks and holes in wood surfaces?

Water-based wood putty is a good choice for filling cracks and holes in wood surfaces because it is easy to use, dries quickly, and can be easily sanded and painted over. It is also non-toxic and environmentally friendly, making it a safer option for indoor use. Additionally, water-based wood putty is less likely to shrink or crack over time compared to solvent-based putties.