I've been doing a bit with those cobalt alkyne complexes recently. If you have some dicobalt octacarbonyl it is a very easy reaction to try. Just stir the alkyne and Co2CO8 together in DCM untill no more CO is evolved (my substrate took all of about 5 minutes) then filter though a short plug of silica. Only problems are that it's a little bit expensive and highly toxic. I guess it might offer some protection against hydrogenation if you didn't force it, but like sjb I'm not really sure...