Is the existing thruhull fitting a *bronze* threaded fitting? I would vote for a new Forespar Marlon (tm) or bronze ball valve. I agree that you could get some potential corrosion in a salt water environment using a stainless valve. Did you use the word brass unintentionally? Brass should never be used below the water line. (or in any internal plumbing carrying sea water, either (imho).
Loren
ps: (Please see my short article in the "projects" part of this site for a picture of one of the newer Forespar Marlon seacocks, btw)