I added 'fresh water' cooling (aka "Closed Cooling") to my Mercruiser engines @ 740 hours with good results
A few words of caution . . .
1) If the engine have seen salt water at all, then it may not be a good thing to do. TOO MUCH RUST SCALE will be inside the engine block, which will eventually clog the heat exchanger.
:facepalm: . If your engines have only seen fresh water for their entire life, then the rust inside the engine block will be more 'powdery' and can be 'managed'.
2) Do a cooling system flush (similar to an automotive radiator flush) before adding a closed cooling system kit. As an additional measure to eliminate rust withing the engine block, you can do a cooling system soak & flush with 'oxalic acid' solution (aka wood bleach), then a baking soda solution flush to neutralize the acid.
3) I'd recommend a FULL closed cooling system kit (engine block + exhaust manifolds)
4) Inspect the exhaust manifolds and riser/elbows before doing the conversion kit. It may be beneficial to replacing them at this point and starting fresh with the closed cooling system.
5) Just be aware - Some full closed cooling system kits do not provide sufficient 'by-pass' at the thermostat to allow some cooling of the exhaust manifolds during the engine's warm-up stage. If you get some funky temperature cycling on your temperature gauge, you may have to do a minor modification to the thermostat to allow for more 'by-pass' before it reaches its activation temperature range.
If your engine's history is positive, then you could convert to closed cooling. Otherwise, you are best to start with a fresh engine block, etc.