QUOTE (McGuire @ Aug 26 2009, 11:40)

Quite so... all the original GMC (aka Detroit) Diesels were modular in design so the same basic engine could be installed front-to-back or run in either direction. (The Allison V-1710 was also laid out in this manner.) Buses with 4-71 or 6-71 engines were configured to run in either direction, depending on the type of driveline used. A pair of 12-278 or 16-278 engines side-by-side, running in opposite directions, would be a very common marine installation. On smaller craft, a pair of counter-rotating 6-71s.
However, the original GMC diesel nomenclature created some confusion. Throughout the industry, "standard rotation" is held to be CCW as viewed from the flywheel, which GMC termed CW as viewed from the front pulley. Same rotation, opposite description. So a standard GMC engine would be called "right-rotation," which was really left.
... when you buy a pair of larger outboard motors (~140 hp up) you can spec them as a matched, counter-rotating pair. Their power heads rotate in identical direction, while their lower units output in opposite (away) directions. Not as critical in lower output installations -- the difference in handling is apparent but not objectionable.
Counter-rotating engines in twin-screw boats have fallen away in recent years -- as engines have become more sophisticated, they have become more difficult to convert. Meanwhile, there are far more options in outdrive systems than in past years. Still a lot of them out there, however.
In decades past there were a number of single-engine power boats that employed automotive engines converted from standard (CCW) to CW rotation. Chris-Craft, Century, Correct Craft, to name a few... and there are still many of those around, too. Over the years I have heard many explanations as to why this was done, some of them downright convincing. Among other things, it is said that serious water skiers preferred them. Correct Craft ski boats commonly employed a single Ford V8 converted to reverse rotation.
Surely most boats adjust the rotation with the gearbox. Most are simply a forward/neutral/ reverse box, so all you have to do is reverse the cable system on the box.
I once helped a fellow fit a new prop on his dive boat. He had a new pair of props and picked up the wrong one. Tries to leave the dock the following day and promptly rams the dock with the stern. So he spent the day with one gear lever forward and the other in reverse and we got to do the prop swap again that afternoon.