Some have had good luck with petronics conversion, I haven't (odd fire buick), I use gm hei with lockout plate, and weight kit. USCG? NO, but it is under a cover. Plug Wires- I don't know if "Marine" exist for gm hei, never looked, I use taylor wires without a problem.
Safe? I don't know, but I wrench/thrash on my own stuff, and I'm always keeping an eye on things under the hatch.
be safe
Daniel
Mash on it