There are two enormous bottlenecks with the TBI engines as delivered by GM.
1. The cylinder heads are a disaster for mid-to-high RPM. "I guess" they're ok for low-rpm use, at or below 2500--3000 rpm.
2. The camshaft is beyond mild. It's super-mild. It's what I'd have expected to see in 1940, not 1990.
Until you fix those two things, most everything else is going to be a disappointment IF EVERYTHING IS WORKING PROPERLY. Fix an actual failure, such as a plugged catalytic converter, or mis-adjusted timing, or low cranking compression, or a worn-out cam lobe, or a faulty sensor, things can perk up considerably.