The ac system on my '75 32' is wired with solid-core three-conductor romex, untinned. It appears to be original.
If I were replacing it, I would use tinned stranded three-conductor cable, and I would install plastic boxes, hospital-grade outlets, and use all stainless hardware.
But, my system worked just fine as is, and had apparently been doing so in salt water for 25 years. I checked to be sure that the neutral (white) was not connected to the hull, and to verify that the isolator was connected to shorepower green and the hull, and that it was working. I know that a short from hot (black) to hull will pull a breaker.
An inverter makes ac inside the boat, and there is no connection to the shore. Green and neutral are both connected to the hull. I don't see where there is any possibility of electrolysis, there is no connection to anything outside the boat.
I put in an isolation transformer, and it gives me that "inside the boat" advantage when using shore power, also.
If these systems were so bad, then there would not be a Marinette fleet. But the ac should be checked from time to time. A procedure for doing this would be nice. I'll work on one, any suggestions welcome.
1975 32' Flybridge Sedan, twin Perkins 6-354 diesels, 1:1.53 velvetdrives, 16 X 19 props. Merritt Island, Florida