Tom,many things contributed to the OMC bankruptcy. I focused on the leading factor that pushed them over the cliff into bankruptcy, since you mentioned their bankruptcy. Brunswick Corp. learned nothing from observation of their business model and marched the corporation into the same vise... luckily, the Verado has been a "hit" thus far. Their design limits their entry into the re-power market in full force, not a good move in a recessionary economy, so the jury remains "out".
THe EPA emission Clean Water and Clean Air Acts mandates drove many outboard makers to move away from coarse fuel mix systems to provide engine protection-some ethically, some not so ethically. Many FICHT design engines are still running today. I agree, execution of the design was faulty, but not totally flawed. Kiekhaefer Mercury nearly "bit the dust" in the immediate years following introduction of their Optimax series, and Yamaha has a couple of "stinkers" in its HPDI line. Metered high pressure injection of a lean fuel mix, into multiple cylinders is not simple to achieve in a 2-stroke...
With all due respect, I think I will opt to remain an adherent to the principals of how, as well as the rationale of why 2-stroke engines employ an oil fuel mix: Lean fuel in a 2-stroke engine is achieved by leaning the oil component's proportion of the resultant fuel's mix. Oil added to the fuel results in a fuel mix for a 2-stroke that provides good lubrication of the cylinder walls, in the absence of an oil sump, to prevent piston seizure and scuffing. Machining and casting tolerances for outboard engine components have improved over time, as have the contents of the oil additive components in the fuel mix.
I can guarantee from personal use of this motor for a couple of decades, Ed is going to find it is very difficult to start in very cold weather on a 50:1 fuel mix. I did not trust the manufacturer's recommendation initially either. Time and the advice of a good outboard mechanic swayed me. I am in very good physical condition. Pull starting this motor is not something you want to repeat over and over and over in a dark marsh, a long way from the ramp and help. I would add some extra plugs, pre-gapped, a dedicated plug wrench, and a can of ether starter spray(last ditch use item)-all items that should be onboard anyway in a duckboat. When set-up, maintained, and run properly, it is a very reliable outboard. Get some Ring Free fuel additive for routine use as well.