I think the biggest issue apart from coast guard issues is piston to wall clearance depending if it has a closed cooling system or if it uses lake water. I don't know what the marine engine manufacturer's do but Keith Black recommends around .005" clearance for open cooling systems with their hyperutectics because incoming water could be just above freezing, (hence water jacket exhaust manifolds to preheat coolant). Same reason for the brass impeller etc. Brackish or salt water would reduce that punched tin impeller to nothing pretty quick, but a water pump doesn't make a marine engine. I would hope they have one piece valves, depending on application stelite exhaust seats, inconel coated exhaust valves, and a little better hardware all around. :roll:
You buy a crate engine or long block and it usually doesn't come with all that bolt on stuff anyways, marine fuel pump, alternator, carb usually has different fuel bowl vent tubes, etc.
The left hand prop with backwards engine crossed my mind but I bet a backwards starter costs a bit more the the millions or normal starters out there! :lol: