You made the right choice for an enclosed engine compartment .
-beerjet-
There is absolutly no harm in using Marine rated equipment in an open engine compartment .
The price is higher though .
These boats originally never came with "marine" equipment , but with enclosed engine compartment , I have taken the extra step to make as much of it USCG freindly as possible .
Nordie pretty much nailed it .
In an open engine compartment , fumes which are the major issue , arent the issue so much .
Carb flooding and tuning should always be checked first anyways , so secondary (for me) on my list of safety hazzards is fumes . I've always liked to put the boat in the water with the engine hatch open .
That lets it air out quikly and not to mention , when you start to crank it over , you can spot any other ptential problems like oil leaks , water leaks . fuel leaks , carb problems .
I let mine idle for a few minutes open and then cover it up once all checks out .
-beerjet-
I could see that .
I would make sure that the float levels are set properly .
I dont think you'll have a problem .
I ran through some nasty chop and my Mighty Demon never had any problems .
-beerjet-