having not used sculptamold can't say the difference but can't you get the celluclay equivalent at the local news agency?
[edit] ok, straight form horse's mouth
Sculptamold: combines the best features of clay, plaster and papier mache, eliminating the disadvantages. In dry form, this white, non-toxic compound is quickly prepared by adding water. Sets in 30 minutes. It will cling to almost all clean surfaces, including glass, and does not shrink so it may be applied to an armature of any core without fear of cracking. finished pieces are very light-weight, strong and durable. May be carved, sanded and sawed.
Celluclay: The original grey Celluclay is a low cost, recycled paper medium which mix easily and mold quickly. They can be sanded, sawed, nailed and water proofed. Wet Celluclay can be added to areas already dried . And any unused mixed Celluclay can be stored for several days in a sealed plastic bag in the refrigerator. Celluclay adheres to almost any surface and can be combined with a variety of materials.
people living in glass colonies shouldn't throw nuclear stones.