Although probably supplied by Kuranda, the stove in question is likely a Wallas 87D stove. I had one in a previous boat and I loved it. Very economical and clean as it uses a sealed flame with it's own flue. The oven is much better than a gas oven as it's fan assisted and works just like an electric oven in a house. The hob also works just like an electric ceramic cooker. I used to run the oven as a heater as it was so economical on diesel! I never had any trouble with it although I was not living aboard.
The down sides are the hob isn't as quick to heat up as a gas hob, and it does require 12v to operate. IIRC it draws about 8 amps when starting but once it's running it draws only 1 amp or so.
They cost an absolute fortune so if your friend decided to sell it and go to gas they'd probably get a couple of grand for it!
In summary, definitely not a no no.