If/when I repower this boat that's the way I am going, definitely a half closed cooling system, no way would I want to run salt water through a nice reman engine, and closed cooling is far easier to winterize, you can use the winterizing tank with a pump to pressurize the flow instead of crawling around like a fool in the bilge to get at the dang drain plugs.
that is the part that I HATE about having an inboard of any kind, as much as I like simple GM cast iron OHV engines, GM intended them to have pressurized cooling systems, with antifreeze, with corrosion inhibitors!
I/O ownership requires two things for lower maintenance headaches:
closed cooling (longer engine life, better resale, easy winterizing)
remote oil filter mount
on my boat this would allow me to do the winterizing and oil change without pulling out the rear seats.
should be standard!