Re: 3.8L v6?
I guess it depends what you are getting as a donor. Is it reliable? well yes. It's a Chevrolet 90 degree V6. Based on the 305 V8, it is just as reliable as any SBC.
Not sure why you haven't seen a lot. I suspect OMC sold more 3.8's than any other V6. Mercruiser, Crusader, and Volvo Penta used them too, but in much smaller numbers.
Condition is everything for a 27 year old engine.
Probably the biggest issue for people around that motor is the points ignition. That's dated. Some don't want points, and all 3.8's are points.
Other issue is exhaust. Original Exhaust manifolds are not available and the conversion to newer (OSCO) ones is expensive for an OMC application, but that's the same deal for an OMC 4.3 stringer too....OSCO is the only aftermarket part that fits.