Look at this for more info on lower tech methods used in Turkey:
http://web.itu.edu.tr/~isikb/Tech1.htm Forms are really not high-tech, and make a job a lot easier (don't use wood forms, use metal). Even adobe uses forms, but by pouring straight to the wall, you only move the material once. You don't have to have a full height form, 1 or 2 feet tall is plenty.
Check out our Tbrick form method:
http://www.velacreations.com/adobe.html For machinery, get a concrete mixer. I've mixed a few homes by hand using adobe and concrete, and I would never recommend it to someone who is not in peak physical shape. A concrete mixer is easy to use and really saves a lot of work. Plus, it makes things go a bit faster.
I don't know that Alker would appropriate for a cistern (it's not cement, it's more like rammed earth or adobe), but for a wall, yes.
The fact that it sets up so fast is interesting, because you don't have to cure, or wait for things to set up. I can see it being useful for pouring vaults or domes without the need for cement.
The thing to do is make up a few small test batches and see how it works for you. Start off making a brick, then go a bit larger, figuring out what works best for you.
I usually size my forms to take a mix from the mixer, so usually about 1.2 cubic feet at once. But, with something that sets up a lot faster, your forms could be a lot bigger, saving time and energy setting up the forms.