1) Marelon handles have been redesigned and are stronger now.
2) I would glass over the unused hole but it is not a structural
repair and you do not have to taper out the hole 12 to 1 as you would do a structural
repair.
Since you have a few to do I recommend the following method.
Grind off a clean surface on the inside if the hull a few inches larger than the hole. Grind a slight taper in the hole, making it larger on the outside than the inside. A 45 degree angle is plenty.
Put a patch on the inside if the hull consisting of one layer of mat and one layer of cloth. Let it cure hard.
From the outside grind or sand the hole to roughen the surface. Build up alternating layers of mat and cloth until the hole is filled, You can do about six layers (three mat and three cloth) at a time. After each set cures roughen up the new surface and repeat.
Once the buildup is higher than the outside surface sand flush and
paint with Interprotect 2000 or similar barrier coat.
You're done.
I have done a few of these above and below the
water line and never had a problem. Some are now over 20 years old and from the outside you can't tell where they are.