I'd trust it if it looks good under the hood, ie. not a big blob of rust and still original aside from the VRO removal.
Not so sure about the penetrene I guess if it makes you feel good then I'd use an OMC recommended decarbon product maybe once a year? It seems to be more of a yankee thing along with their magic fuel treatment stuff.
Personally I'd rather break down 30Ks out than 3Ks out as I have a fear of magnetic rocks. I'd also have more trust in a 30 year old 2 stroke than a brand new hi tech motor.
No problem if you have all the required safety stuff plus extra battery/jump starter/pull rope... get a rope & learn how to use it.
It's a bit under powered so you're probably flogging it pretty hard and those motors had a value added feature of gudgeon pin faults which I found out about when the needle rollers got out & migrated up into the cylinder jamming a piston at the intake port.
Pod & twins would ruin a good boat IMO, I simply put a newer old tech 90HP (1988) on mine (old viking) and the difference was amazing.
27Knots went to 35Knots so you can imagine the improvement throughout the rev range.
BTW what prop pitch are you running, touching 30 Knots loaded is pretty good for that rig.