Think it's very tough to say what the leading causes of engine failures in boats are as many times it may be how the previous owner used or abused it.
Ted
There are direct and indirect charges. You won't see a failure and be able to then say, "not changing oil caused this." However, I believe well maintained will outlast less well maintained. I do believe deterioration of oil and failure to change as needed can definitely contribute to failure of various parts.
I ran into similar in business. I could never prove the benefit of routine maintenance as I sure wasn't going to run a test, half on it and half off. However, I did inherently believe it extended the life of equipment and led to fewer problems.
Now, determining what is necessary can be done many ways. I prefer to leave the proper scheduling of maintenance to the manufacturer. I then do believe in analysis as well. But we do now and will continue to change oil and do all other service no less frequently than the manufacturer recommends.
We also prefer to do the majority of oil changes and routine maintenance at home and so do what we are approaching the schedule for at home prior to leaving on extended cruises. That is definitely not possible at all times.
Two other factors in our situation. One is to preserve the warranty on all equipment. The other is for potential resell. We do want to be able to present well functioning equipment but also a history that shows all maintenance done as recommended.
We do have fairly new equipment and have experienced no problems. I have put many years and hours on boats with no issues. Can I prove that following service recommendations has contributed to the lack of trouble? No, I can't. Do I believe it? Yes, I do, so will continue to do as I have. I also know that it's a lot less costly to prevent problems than to fix them.
Now, I'm not encouraging anyone to go to shorter schedules than the manufacturer recommends. I see no benefit to that. We only do shorter because of impending cruising. As to extending the time between changes and getting oil analysis. I don't want to ever have an analysis that shows degradation so I won't go beyond the recommended schedule. I'm not going to push it until it shows a problem.