As several of us have said, you need to pull the bottom end. There is no magic potion you can mix up to fix it. Once you get it completely torn down, you can make an assessment of whether it can be saved or not. It is too damaged to get it rotating, and simply put it back in service. You need to do a rebuild. If there are rust areas in the bore as you state, it needs to be honed, if not bored, to be serviceable. You can't do either properly with the pistons in the bore. Taking the engine out and rebuilding it, if practicable, is your next move. If the engine can't be rebuilt, at least it will be out of the way for a repower.
I would encourage you NOT to put acetone or other similar substances in the oil pan. You are creating a hazardous condition in your boat. If it doesn't blow you up, or make you ill, it's hygroscopic. So, once the acetone boils off in your oil pan, it leaves water behind. So, now we're rusting up the crankcase area. Many solvents have this property.
If you get out of your comfort zone, a local machine shop could be contracted to rebuild the short block and head for you. But, you will need to deliver the block and head to them if you want to save a few bucks.
Bottom line, rust in the bores, still stuck, ridge at top of bores - tear down/rebuild (or replacement) required.
I can tell you don't want to do it - I get it. But, the sooner you start, the sooner you'll be sailing. Good luck, and hang tough.