One would HOPE that experienced engineers and designers would do a better job than amateurs at developing and manufacturing marine engines. But if there really is much custom design involved, and uniques parts, the small volume likely means higher prices.
On the other hand, if you convert a truck diesel to marine and choose a reduction drive and prop to get the rated RPM from the engine, you'd think it would give reasonably good service. A recent thread discussed how a Detroit Diesel truck engine differed from marine. Were there internal differences, like cams, valves or cylinder, or rings?? I don't remember any. But just having to buy all the external accessories (exhaust manifolds, heat exchangers, oil coolers, etc, etc, transmissions at retail might negate much of the anticipated cost saving.
Many,many years ago my Dad converted a 327 cu in chevy gas engine for our 38 ft Matthews. It had about 11,000 miles from a wrecked station wagon. He bought a reduction drive and Barr exhaust manifolds. I think he sized the prop for about 3,000 RPM max..but where he got that figure I have no idea...likely it just sounded right...
I still remember rounding a doorway in a barge (as a kid) when my Dad and some friends test started it on an engine bed...damn thing spewed flames out the exhaust just as I arrived....It scared me so much I fell down...But it lasted the eight or ten years we had the boat...