1. The Vortec engine in the Tahoe is totally destroyed. It has a hole through the bottom of the oil pan.
2. I have a complete Chevy 350 TBI with 20k miles on it and the transmission.
3. TBI Chevy 350's are known for longevity. Vortec engines are problematic. Intake manifolds gaskets leak, heads crack easily, and spider injection system is poorly designed.
4. TBI Chevy 350's have more low rpm torque for better pulling.
5. 2 injectors instead of 8
6. Fuel pump is less costly and lasts longer.
I see no advantage in the Vortec 350 over the TBI 350 other than higher horsepower numbers that's only usable way up in the rpm band. So yes, I consider it an upgrade to go from Vortec to TBI. Now I need to know how to pull it off.
First, let's get a few misconceptions out of the way:
3. As a professional mechanic, I've had at least as many or perhaps more issues out of TBI equipped GM vehicles than Vortec equipped. The manifold gaskets were an issue, but mostly due to a poor initial design combined with the switch to Dex-Cool (which caused similar issues across GM's entire line, not just with the Vortecs) and improper torquing of manifold bolts on the assembly line. New design gaskets, torqued properly, with something other than the Red Death in the cooling system work flawlessly. Vortec heads can and do crack, and it is because of the thinness of the castings. TBI heads do as well, also due to thin spots (usually between the valve seats and around the exhaust), just not as frequently. The CSFI is an improvement over TBI in nearly every way possible. It is a pain in the ass to work on, but it is more efficient, faster (processor wise), more accurate, and easier to diagnose (via OBDII) than the TBI setup. It is more complex, true, but cost wise is comparable. Consider that it costs about 380 dollars to upgrade from the CSFI spider to the ACDelco MPFI spider. Rebuilding a TBI will cost you 160 each for the injectors (new ACDelco, not cheapies) plus another 20 for the gasket kit, plus some more if you want to get a new regulator spring, etc. All told, for ACDelco, the costs of rebuilding the systems are close enough to be a moot point, during which (of course) the inherent flaws in the injection spider are corrected with the upgrade, negating that point as well.
4. True, but only because of torque management, which was introduced to prevent the more powerful, more torquey Vortec engine from completely obliterating the woefully inadequate 4L60E and causing GM more warranty grief. With a 4L60E built to handle what a stock Vortec can dish out and torque management removed, the "seat of the pants" feel and pulling power change quite a bit.
5. This isn't an advantage. Sure, there are more injectors to fail, which would be more money to spend if they failed, but consider this: If an injector poppet fails, you drive home on seven cylinders. I've never shut down one injector on a TBI setup to see how it runs, but I doubt it's much better than an engine running on seven cylinders, and imagine that with half the fuel flow, it's probably a lot worse.
6. This is true of the later modular fuel pump assemblies, not the pump itself. Using the '96 model pump hanger with the replaceable pump cures a lot of the short pump life issues (better cooling) as well as the high cost of replacement. A quick visit to RA shows a 28 dollar difference between the two types using Delphi pumps, which I would hardly call a considerable cost difference. Since you're willing to retrofit the drivetrain, I figure that a drop in fuel pump hanger (minus a harness change) wouldn't be a big deal, and negates any benefits of a TBI pump setup.
All told, the only arguments you make that have merit are 1 and 2. Your Vortec engine is destroyed, you have a low mileage drivetrain out of an older vehicle, and you have to desire to swap it.
Your biggest problem is going to be wiring, plain and simple. You will, of course, need the TBI PCM to run the engine and trans. Splicing the harnesses so that you have adequate signal to all of the gauges shouldn't be difficult, as long as you're good with a wiring diagram. I think the VSS signals were the same, so your speedo should work off the 94 speed sensor. The TBI engine should bolt in the same as the Vortec, though you may have to rework the Y pipe to fit the TBI manifolds. I
think that the output shafts on the two 4L60E's will be the same, so the driveshaft should work without issue. Your next hurdle, after wiring, is fuel delivery. Splicing the fuel lines shouldn't be too much of an issue, and I think you can continue to run the Vortec pump with the TBI engine (it will just bypass a lot more fuel). I think the accessories from the Vortec motor will bolt on to the TBI motor, so AC, power steering, alternator, cooling fan, etc should be in the same spot. You may need to change to a CS144 alternator to work with the TBI PCM, though I think you can rig a CS130D to function. I'm thinking of all this on the fly, as I've never seen nor heard of anybody wishing to do this. I'll post more up if I think of anything, but I think that's the bulk of it.