Absolutely.. Does not swell, less scoring, better lubrication, does not rot and lasts a lot longer. More of a set and forget when compared to flax based or acrylic, which eventually wets out.
The biggest problems with marine packings are the companies who sell them as drip-less and the folks who expect that to be true.
For a while now I have been field & lab testing a new marine packing I am developing. Testing has been underway now for almost three years. It has comparable performance & thermal conductivity properties of graphite based packing yet is 100% galvanically inert. It is a true high performance packing without any galvanic issues..
Unfortunately there is only one manufacturer in the world that can extrude this PTFE based yarn, with the proprietary lube, so getting cost where I need/want it has been the biggest hurdle. I want to be able to compete price wise with graphite based packings but at this point it is just not doable because everyone in their uncle is extruding graphite/PTFE these days and it is dirt cheap to make..