Yes, the B&G Sprayer 2 Gallon 18 in. Wand & XR Valve (N200-S) would be a great sprayer for applying insecticides, fungicides or herbicides such as RoundUp. The XR valve is one of the best quality sprayer guns on the market today, making it simple to apply chemicals to the desired area on your property. Keep in mind this model comes with a fan tip only nozzle.
The B&G Sprayer 2 Gallon 18 in. Wand & XR Valve (N200-S) only comes with a fan tip, which is not adjustable. The B&G 4 Way Tip Part 5800 has 2 adjustable fan sprays and 2 adjustable pin sprays.
A tip shut-off helps when handling jobs where you do not want any product to leak from the wand. If your sprayer has no tip shut-off (such as the B&G Sprayer 2 Gallon 18 in. Wand & XR Valve (N200-S)), then whatever is left in the wand once you release the valve will come dripping out - the wand shuts off at the valve and not the tip. If you would prefer a sprayer with a tip shut-off the B&G Sprayer 1 Gallon 18 in. Wand & Extenda-Ban Valve (N124-CC-18) is a good choice.