Stainless into cast iron shouldn't present a problem, particularly if it's lubed with something like Never-Seez. I like the star-shaped lockwashers, as I think they have more biting edges that a regular split lock. That flanged bolt with a star lockwasher under the head would probably hold about 3 days past forever! Yes, use the 3/4" long bolt - - - -the more thread engagement the better!
Jerry