"'Better' is a relativ
"'Better' is a relative term, and depends on what you want... power vs. economy, reliability, etc.
I like the 2 bbl mercarb on my 5.7L because it's about as simple a fuel delivery system as can be found on modern engines. Not much can go wrong with it. (It doesn't rely on electrons to function.) And if something does go wrong while I'm off shore, it's easy enough to tear into and clean out. Even if it's just enough to limp home, I can critique it there.
EFI and MPI are great systems too.. more powerful, more fuel efficient, reliable, etc., etc. But if it were to break on me, aside from carrying a complete spare system, I'm not confident I can feasibly have the same level of back-up. If the boat had two engines, I wouldn't hesitate to have FI.
As far a the Rochester carb goes, I have no experience, but it doesn't look any more complex than the Mercarb. Is it better? ...Probably not a significant difference in performance or economy between the two."