OK..I couldn't resist the conflict of interest/self promoting since it looks to have already gone that way. But I'll try to make this educational/food for thought to some of you guys from my side of the fence, rather than push one engine or the other.
The Levitator or the GM 8.1 is a very good engine. Being under an electronic engine management system it's relaibilty should be on similar grounds as if it were in a car/truck AKA last forever. Many of the other crate engines will do well also as long as they aren't modified or abused..
The thing that makes it very difficult for you guys when choosing a powerplant is the TRUE HP/TQ/Thrust you actually need and/or want in a real-world application. If you wanna be the fastest guy on the water with a big-ass boat, don't expect it to log as many hours as a Levitator. If you wanna have a decked-out boat, carry 4 people and a hull full of decoys and coolers, don't choose a small displacement engine. And if you want those hours, don't bitch when it takes a dragline and PVC to get you out of where you shouldn't have went.
So when choosing an engine be aware that there's no way to have your cake and eat it too. Thunder and myself work morning, noon and night breaking the rules of performance and reliability, but neither of us are going to build wimpy engines that don't make even 1HP per cubic inch in order to obtain reliabilty nor are we going to build ragged-edge race engines that not only prove unreliable, but don't really perform in an airboat application.
Dave and I started working on revolutionary powerplants for airboats about 10 years ago. In all honesty from a racing perspective, the feild seemed to be easy pickins. But the reliability and true airboat performance in practical applications has taken countless engines, time, and hard knocks to get it right (Where we've learned the most AIRBOAT engines are very differnt than automotive engines X10). BOY do I wish I could take back the years spent buildin twin turbos, Supercharged mountain motors etc, and havin people complain they didn't last as long as their crate 502. Hmmmm Lemme see....502HP vs 1200HP based on the same basic engine design. Hey..Get a clue, no amount of money will beat the physics/math. Sh!t a MEGA buck Nextel Cup engine makes ~800HP with the BEST parts known to man and after a couple hours most everything is thrown away. Know why? Cuz they need it reliable while making over 2HP per cubic inch. If they made 500HP they wouldn't change friggin spark plugs between races.
So in reality..All it takes to make an engine reliable is to detune the hell out of it and make it big, heavy and beefy enough that it will outlive it's warranty. Hell...I can make my 496s detuned to a candy-ass 500HP and they'll live so long I'll feel like the friggin Maytag man.
So in my opinion/best advice...Do your homework. Nothin's magic. Reliability is the sum of the parts used, the person/company that put the package together and the level they're pushed to.
That's my rant and best advice.
Felber