On older motors, Ethanol will eat rubber gaskets and seals. This is bad. On newer motors, they have improved the materials (for the most part) that are used in the manufacture and assembly such that ethanol will likely cause no problems if you run it regularly.
Now, the reason why that last part is bold, and the reason why you should never, ever store your boat with ethanol in the tank & fuel line/carb is because ethanol will absorb water from the air around it…. Worth repeating: Ethanol sucks moisture out of the air and holds it.
If you buy a tank and run through it in a week or two, you will never have a problem. The longer it sits, the more water content it contains, and the less effective it is.
Home science experiment: Take an accurate measuring device, fill it half full with ‘regular’ gasoline (a). Now dump in some water (b)… what does the volume read? It reads (a+b).
Do the same experiment with ethanol, and the result will not yield the same volume, because a portion of the water is absorbed; molecules -n- stuff.
I always store with a full tank w/ stabilizer. Keeps the metal tanks from rusting. An important lesson I learned after inheriting a 1978 Suzuki GS-1000 from a friend who moved to MN. Tank was dry and completely rotten with rust. No shop in town would even touch it for repair.