Doesn't mean the engine is out of a fairlane just means the block was cast at one of the 3 factories that cast blocks for the fairlane . I don't think they ever stamped or casted specific blocks for marine use HM bought motors and used them for both auto and marine apps. The industrial sector too also used ford motors , out of high school I worked on a drill rig that had a 302 has a power for the drilling operations.
The famed marine 427s were motors that didn't pass racing specs and then went to the marine and industrial world.
HM really only provided marinized version of what was available in the auto world at the time. the 69-70 351w were 290 hp just like the car motors at the time they fell in hp from there on 260 250 235 225 hp
yes 300 hp is not all that hard but I would not do it with older end dump risers