It all depends on the use case of the the boat. If you are daysailing and plugging in every evening, then I'd argue you don't even need and alternator! Your starting battery can probably start your engine more than 100 times, and it will be topped off when you plug in. If you are trying to charge a house bank of almost any decent capacity, like 100Ah plus, you really need an external, three-phase regulator, and an alternator rated high enough to handle the load of a nearly-flat bank (not to mention a belt system that can manage that load). A really good external regulator will allow you to limit the alternator output, and also to "soft start," delay the starting of charging, and slowly ramp it up, so as not to shock or even stall the engine.