I would second this. The pump is reliable and it is very rare that you hear about a pump that failed. To me, it is more of a PITA to premix. You will burn more oil, go through more plugs, smoke more, and have to deal with hauling your own gas around if you are trailering your ski(s).
The other parts of the system are generally what fails on people, but that is only if they neglect the ski. If you regularly take a look at the oil lines and make sure you are not leaking anywhere, change your filter every couple years and the small injection lines, then you would be 99% safe.
Just make sure you are running an API-TC rated full synthetic.
And, if you do decide to block off your pump and go pre-mix, contrary to what ocod said, you have a 947/951 in your 99 XP and don't have to worry about supplying oil to a rotary valve; you have a reed valve engine and not a rotary one.