Dan, I have the same sail drive system on my Nonsuch that I've owned for over 20 years now.
I have never felt there was a need to open & close that freshwater feed that cools the engine, with every use.
The danger is that you or someone else could forget to open it someday upon starting and
destroy your impeller when it runs dry ... unless you always check for water coming out of the exhaust.
P.S. Don't ever let any North American purist convince you that their shaft driven system is better,
theirs is initially cheaper but requires more expensive maintenance over time than the Volvo Penta Sail Drive.
A Volvo Penta trained mechanic told me that heavy use police & coast guard boats use the sail drive system,
and well-built European sail boats come that way.
Herb G. Huber, MISTOFFELEES NS30C#91, Bridgeview Marina, Point Edward/Sarnia, Ontario
Lake Huron Nonsuch Association