12 gauge is overkill for nav lights unless your boat is like 100' long.
Tinned wire is great for salt water boats. However for small freshwater boats swing by your local autoparts store and pick up stranded 16 or 18 gauge wire for the nav lights. Your average daily driven 4x4 truck sees more punisment than the average weekend warrior fishermans boat. That truck wiring is subjected to the worst vibration, shock, road salt, rain, snow, ice, oil, gas, and thats on the pavement. When you get off pavement the abuse goes up 10 times and you can add in mud, rocks, sticks, and everything else your tires kick up or the truck drives over. The key is the connections, protection (loom), and wire anchors. Once air gets to the cooper corrosion starts. The only thing the tin does is add another layer of protection, and increases the cost.
To figure the load take your wattage and divide by 12 volts. If your bow nav light is 7.5 watts, your drawing 7.5/12=.625 amps. If your adding in the all around light and it draws 9 watts your up to 9/12=.75 amps. A 2 amp fuse (.625 + .75=1.375 amps) and 16 or 18 gauge wire will be all you need.
Figure out how many watts, or amps your accesories will draw and go from there. I would keep the accessories on a seperate circuit than the nav lights.
Take for example a small boat with bow nav light (1amp), stern all around light (1amp), livewell pump (3amp), bigle pump (3amp), deck lights (5amp), accessory outlets (10 amp), and a fishfinder (1amp). The largest circuit is the accessories, buy 16 gauge wire for everything.
The exception are the trolling motor and the wire feeding your fuse panel. Generally trolling motors are either 6 or 8 gauge wire. Longer runs go with the 6 gauge, its more expensive, however you can kill a motor by under powering it. I would also use the 6 or 8 gauge to feed my fuse panel. Run one set of wires to the trolling motor, and one set of wires to the fuse panel. Now all you have to do is buy two different size wires, 16 and 8 gauge or 14 and 6 gauge (longer runs go up a size). If you have a large trolling motor use the 6 gauge.
Only reason to do the color codes is if your boat has a ton of electrical circuits. Each color means another roll of wire. For the example above I would only use 2 colors of wire, black and red. You do need at least two colors, red for positive and black for negative. I prefer the KISS method. Keep it simple stupid, or is it Keep It Stupid Simple. :mrgreen: