The cooling water pickoffs on the FL120 supply just barely enough water for one shaft log. Splitting it would invite overheating of both shaft logs.
Also, as was demonstrated and charted by Bob Lowe on the GB owners forum the fuel savings in a boat like ours even with the unpowered prop freewheeling would be minimal to none, depending on the power setting.
As to deliberately running on one to save fuel, while fuel is certainly getting more expensive, compared to all the other costs associated with boating it's still practically free. It's certainly not expensive enough yet to make it worth slowing our glacial 8-knot pace through the water even more just to save a few bucks per trip.
Yes, it a slow flow rate on our boat also...throttled by the size of the small orifice on the heat exchanger tank. Since most boats have ample engine cooling, especially at lower power, it's a simple task to enlarge that bleed orifice. And easy peasy to check it all out with a Harbor Freight heat gun.
I wasn't suggesting that you cruise on one all the time given your previously stated info about the high drag characteristics of the GB 36. I was simply suggesting that free wheeling in the event of a genuine engine failure would save fuel over locking the shaft....and be more safe from the sound of your locking setup. I guess Bob Lowe let it overheat during his testing...which I aim to look up, by the way. Can't beat data for getting a handle on the real deal. And as you know the data show that the economy equation actually likes the remaining engine to run in a higher power band. So pushing up the power on the remaining engine to achieve your normal twin engine speed isn't necessarily a bad thing from the overall MPG perspective. On the other hand, the rudders on those GB look a little on the small size. Anyway, when you get your cooling lines reconfigured, you ought to give it a try...might be surprised how well it works.