I'm with Stu, have at it. That is how progress is made
I'm also slightly more pessimistic having seen first hand what floating grounds can do to things. You might want to check your insurance policy to make sure it covers "non-approved solutions in AC wiring" The electrical code exist to ensure safety not to lower the price of things. The insurance companies are very unlikely to approve anthing that is not up to code. they will certainly not be inclined to fulfill a claim due to faulty wiring.
Pete; 120 AC is very dangerous. I do not think I can overestimate the amount of damage your solution is capable of. Total loss of the boat and possible loss of life. You say you consider electrolysis a safety issue also but I'm not thinking you would loose the boat or get somebody killed due to a rusted thru hull or the prop falling off. the rate that these things happen allow for routine inspection to catch them well in time to effect a repair. 120 volt AC does not.
I'm also slightly more pessimistic having seen first hand what floating grounds can do to things. You might want to check your insurance policy to make sure it covers "non-approved solutions in AC wiring" The electrical code exist to ensure safety not to lower the price of things. The insurance companies are very unlikely to approve anthing that is not up to code. they will certainly not be inclined to fulfill a claim due to faulty wiring.
Pete; 120 AC is very dangerous. I do not think I can overestimate the amount of damage your solution is capable of. Total loss of the boat and possible loss of life. You say you consider electrolysis a safety issue also but I'm not thinking you would loose the boat or get somebody killed due to a rusted thru hull or the prop falling off. the rate that these things happen allow for routine inspection to catch them well in time to effect a repair. 120 volt AC does not.