They are JUNK compared to what is available on the market now. The old style chargers will do what you just described, they will boil your batteries dry and they can set your boat on fire too. On a Chris Craft in our harbor, we heard the sniffer going off in the alarm mode. The owner was out of town. Guess what?
His battery charger had overcharged his batteries, they were both hot, and they were puffed up like a balloon ready to blow. Had we not found the situation and investigated, his boat would have set the harbor on fire.
My own hard earned experience has included buying unnecessary batteries that were destroyed by inferior chargers. Here is what you and every other serious Commander owner should have on board. It's not cheap, but it does an absolute SUPERB JOB ! You can find a cheaper unit, you can even find one on ebay, or perhaps one that someone claims is "reconditioned". I suggest you buy a new one in the box and have the assurance of a factory warranty and factory endorsed safety program.
I am pretty opinionated on this issue, and it is because of the numerous unnecessary batteries I bought in the past, the near fire situation I saw, and what a difference it made for me when I installed the Xantrex Truecharge on my 38' Commander.
http://www.network54.com/Forum/424840/message/1127389120
Regards,
Paul