Hi Crusoe
If you are talking about the traditional chest type fridge/freezers i haven't had any experience with them on boats but i have had a couple of 40 litre ones over the years in 4wd's
They are generally reliable and seen to be well built but they don't have very thick walls or lid and this is a advantage in that they are compact for their capacity but in hot conditions they seem to cycle on and off fairly often to maintain temperature and might be a bit hard on your batteries
In Cairns this was more of a problem than in Tassie so it really depends on how warm it is where you are
Also they like a bit of airspace around the condenser end of the fridge so depending in where you are mounting them this might be a issue
Regarding sweating my first one that i had from 1982 to 2005 was out in the open and i never saw any moisture on the outside and my current one is in a transit bag so i would not see any but i don't think there would be any
ARB do a range of fridges
www.arb.com.au/portable-fridge-freezers/ that seem to have a fairly good reputation in 4wd circles, i think they might be a bit better insulated and the other advantage they have over a Engel is that they have a drain plug in the bottom so you can wash them out and let the water drain out of the bottom although mounted on your boat this may not be of any use
Regards Don