I have been told personally by others who have used stainless handicapped railings, etc., on their
boats that they not only
work fine, but obviously saved a lot of
money. These aren't people I would consider unreliable.
As with many -- but not all marine solutions -- cheaper versions ARE available. My dad had an
outboard made by Sears (gamefisher). Needed a small part for it,
price was a very high $189.00. Noticed that the
engine was identical to one in a Sears lawn mower. Checked the
parts manual for the mower and, you guessed it, SAME PART,
price was $27. This was just a couple of years ago.
I, too, have found many very suitable
parts at Home Depot and Lowes.
I've also found some very bad substitutions. Keep your eyes open.