I'm rebuilding my engine compartment since the steel iron supports have pulled away from the hull (84 H34). I've hired a real diesel mechanic to do much of the work for me, but he did find some problems. 1st - my the prior "diesel mechanic" didn't install it properly and it does need to be replace soon. He indicated that these do have a recommended life regardless. I think he said 5 years. Does anyone have the manual? 2nd- my exhaust hose was delaminating from the inside and 3rd the diesel return line was cracking at the connection to the engine. Actually good to have a dependable diesel mechanic look at the engine every few years.
Replacing the shaft log seal could mean dropping the rudder to pull the shaft to replace or remachine the shaft to remove and replace the shaft coupler. If it must be done every 5 or even 10 years I 'll go back to a conventional shaft log.
Eventually the bellows get less elastic. That's the issue.
I had our PSS seal replaced because of an "abundance of caution" concern by my diesel mechanic. You can replace the bellows themselves, but the difference in the cost and labor is not great enough to justify no just replacing the whole unit.
This as after about 12 years. It's was done as part of the bottom repainting that we due every couple of years.
I would think that the real service life is much longer than 12 years. Of course if you have a ozone anti-mildew device or some unusual chemical cleaning process going on in the engine compartment, it might be different.
Eventually the bellows get less elastic. That's the issue.