I have worked on a lot of I/Os. I agree they are best for freshwater. Assuming all parts and supplies are on hand, a tech with experience can rebuild the outboard part of an I/O in a day. A seal job would be about a half-day. The problem is, every time it's time for a seal job, there is some other part(s) that need to be repaired/replaced. While I like the idea of an I/O I would not own a boat with one that stays in the water regardless of fresh, salt, or brackish water. It would have to be a trailer queen.
I owned 5 and they stayed in the water differing amounts. Before I lived on the lake, I had dry storage and wet storage. The boat was kept in enclosed dry storage when I wasn't using it for a couple of days and in wet storage when I was. I guess, in a way, that was the equivalent of trailering. Once we moved to the lake, they were kept in the water full time.
Now, while this lake was fresh water, it was often compared to salt for it's impact on drives due to an extremely high mineral content. The river flowed out of the mountains and two lakes above ours was considerably worse.
The key was regular maintenance. They were all serviced at least three or four times a year with thorough cleaning, including bottom cleaning, and all engine and drive maintenance. As a result, our 8 year old boat didn't show it's age at all when we sold it.
However, on the whole, boats kept in the water on our lake did age fast and outdrives showed their age, whether outboards or inboard-outboard. The last two boats I owned had Volvo Penta outdrives as they did handle the conditions slightly better than Mercruiser. I also should mention muskrats were common and very bad on bellows.
Now it's easy for one who wasn't there to say what they would do, but if you lived on the water, you'd keep your boat behind your home and you might have a lift but most would not. You'd have to get the hull cleaned regularly and the outdrives would show the conditions and you'd accept it all because that's the way things were. Call it the cost of boating where we were. That's why dry storage was so popular.
Now, one might ask about lifts at your docks. They have become more practical with the addition of free standing floating lifts like Harbor Hoist. Slip width is still a problem for many though. Prior to floating lifts like these, other lifts weren't practical due to the depth of the water making bottom supported units a problem as well as regulation doing so, and the fact most docks couldn't handle the weight to be dock attached. Regulation is still an issue but manageable.
Thing is you adapt to where you are and the norms there. We've never winterized but we would if we lived in Michigan. We had gas on the lake as that's all there was. We kept in dry storage when we drove to the lake but wet when we lived there. It's like all those who move their boats out of Florida for hurricane season. Well, if you live on the ICW in Florida, you don't do that.
Just one more areas of consideration in which the right boat is the one that fits the users needs, including location and waters of use and including budget, the best. There are no absolutes.