Guess I'll ad, depends on what you want your boat to do. Like lilrick said, these motors are a higher rpm/high load type motor (typically)
So if high speed, more hp is your goal, cam, head work, lifters, valves, roller rockers, pushrods. In your case, botom end (crank) will do stock well up and over 500hp,
but you might want to change pistons and rods too. Plus to match it all... intake, carb, headers... the list grows... just ask anyone here how much they have spent to reach 60-80 mph
typical Marine motor is overbuilt compaired to car/truck

but depending on what you want... simple changes can make it work!
Performance costs

Rebel