I'd love to do a turbo but lack the funds to do it. I'd prolly go with an LS if was to go turbo. I watched some vids by Richard Holdeder boosting a 4.8 and 454. 900 horse with a stock lower end Vortec 454, but had Brodix heads on it. Still did 800 something with the stock heads. Torque was thru the roof. Made nice numbers even with the 4.8....
Yeah, I saw that video...that was pretty cool!
I know some keep singing the LS song, LOL. I'm doing a 5.3/4L80 on my 99 Silverado right now. My 4.3 and 4L60 need a rebuild, but rebuilds are kinda spendy. I got a running engine with harness and ECU for $400, and an early model 4L80 for $240...with other stuff here and there, just little bit more than $1,000 so far...that's about half the price of rebuilding my existing V6! It is a no-brainer swap vs. rebuild
in my case. Not going for anything crazy, basically just a stock drivetrain...will eventually go with 4.10s, however. Of course, that's just parts if you do the work yourself.
...which is my point about the LS, they are everywhere and that keeps the price pretty darn low. In my area, the SBC/BBC are not too abundant as they once were, but they are still out there. BBC seem more rare.
Most engines have some sort of common issues, and the LS are not the exception. If I had to list the most common issues with the SBC Vortec of this generation, it would be the intake manifold gaskets, distributors and spider injectors; although I think the BBC has it's own issues with the later 2?...just kinda lost faith on distributer ignition on my 4.3. Maybe they are not as bad as I think they are, don't know, but seems like distr. and/or cap and rotor is a very common problem on this forum.
I think the 8.1 with some of the LS technology built-in would get my vote (or that L21 unicorn that came with the Allison,) but I'm talking stock vs stock. Everything goes out the window in the aftermarket realm, as you have pointed out. For a street 1500 truck, I think any 4.8/5.3/6.0 would be just fine, even for light/med. towing...do a turbo later as funds become available? Heavy towing or off-roading or mudding with huge tires, I'd the vow to the BBC; again, stock vs stock.
I hope this helps.