What are you planning on using it primarily for? Salmon, bottom fish, all of the above?
I'll preface by saying I haven't used this specific transducer, but have run an Airmar B175HW through hull for several years.
Looks like a great transducer for bottom fishing and an ok one for salmon. The beam angle is fairly narrow which is great for seeing bottom detail, but not ideal for looking for salmon or other fish that are shallow. The 175HW is the standard or pelagic species in up to 1,000' of water and it has a 25 degree fixed beam angle vs the 9 to 18 degrees on the Garmin.
Should give you better performance than a transom mounted transducer. Or rather, it will be less sensitive to installation and setup than a transom mount as long as there is nothing on the bottom the hull in front of the transducer. Probably not going to be seeing bottom running on step, but I never run my sonar then anyway.
Personally, unless you are getting a really good deal on the Garmin transducer, I'd go with the Airmar 175HW which is about the same price.
Oh, and if you do install, be sure to 1) get the right angle version to match the dead rise of your hull; and 2) to install in the correct orientation. On the Airmar through-hulls there is a large arrow that needs to be pointed towards the keel. If someone else installs for you, make sure they do it right (speaking from experience)!