At a PIV (peak inverse voltage) exceeding the diode rating -Vr(reverse breakdown max), the reverse current (-i) avalanches going through the roof and smoke the diode/s
So in other words, when the diodes reverse potential difference (Vr) is exceeded, the reverse current (-i) is ONLY then going to be an issue but ONLY when Vr is exceeded. There's no REVERSE current issues until the Vr exceeds the diodes spec.
So given that.......Normally with one engine and one battery, the output rectifier's diodes (the diodes in question when reversed btw for those not following along) normally see's it's max PIV when the engine's charge coil voltage is on it's negative cycle peak and at the highest RPM's when hooked to a fully charged battery of say 14-15VDC. Therefore say (just a ball park, easy spec'ees)
-400Vp......anode/cathode......14VDC
so then -400(Vpeak Coil) - (+15VDC) = -415Vp
Some folks whom claim to be engineers (just wait usually one claims so) knows this of course and these diodes are derated and spec'd out usually at least 150% above these given levels, probably spec'd at -600Vp I'd reckon and for this example.
BTW, The lower the voltage impressed on the output terminals (cathode) the better, from a PIV standpoint that is.........i.e. The PIV is even less (safer) the lower the battery gets.
With two charging systems that are now connected in parallel, the worse case PIV is the same. The worst case PIV the output diodes normally see occurs again when say engine #1 charge coil is on it's negative cycle peak and if engine #2 is running/charging and hooked to the same shared load/battery, it's of course around 14-15VDC again. (Or vice versa, #2 on negative peak and #1 at 14-15VDC). So again -400(Vpeak Coil) - (+15VDC)= -415V
Where the trouble happens usually comes (short of a normally failing rec/reg) is if engine #1 is at this -400Vp and the shared load/battery is somehow disconnected (battery switch mishaps, poor connections, etc) and the regulator of engine #2 is slow to respond to this/a sudden loss of load and spikes up to say +400Vp momentarily (tlr...."time response load regulation" would be critical here, higher quality electronics verses lower), So -400(Vpeak Coil #1) - (+ 400Vpeak Coil #2) = -800V = POOOF!!
OP, you'll be fine hooking up both motor to and sharing the same battery, running or not, fast or slow, engine #1 or #2, 300HP with 9.9HP kicker, makes no difference. The output diodes internal to the rectifier/regulators form a “diode ORing” (Google it) configuration and prevents the systems from fighting each other and "steer the charge currents" allowing sharing of the common loads/battery. Just use the common perko "make before break" battery switch (if you use a switch) and NEVER go into the "OFF" position when the motor/s are running.
BTW^2, Forward current is NOT an issue here either (for those wondering/pondering) as the stator's voltage will drop out(the mags saturate) long before the "if" (current forward max) of the properly spec'd diodes have an issue.
Of course, this is just an opinion and doesn't necessary reflect this station or it's affiliates ....