Sorry Man, didn't mean to sound like a a$$. I failed to see your HP/TQ goals. I think you can do either with those numbers.
I would vote for the LS platform. They are cheap (they are everywhere,) reliable and make good power. That's why they go into everything. Yes, they are not original, and some people don't like that. It's a matter of opinion on that. You will have to assess that. The other point is that the aftermarket performance of the LS is just everywhere! With the abundant supply of cheap aftermarket power adders, folks are comfortably making 600 HP+ from $500 junkyard engines! That's insane.
On the TQ number, go for displacement. 5.7 TBI or 5.7 Vortec I'd say have better low-end torque than a 4.8 or 5.3 LS. You'd have to get a 6.0 LS to get into that low-end torque, and those typically command a higher price.
On the HP numbers, I'd say LS>5.7 Vortec>5.7 TBI.
The other thing to consider is transmission and controls. If you have the non-electronic transmission, aftermarket stand alone controllers get expensive. So an LS can get expensive after all. Probably no less than $2,000 to the 5.3 swap if you are thrifty.
My brother has a 90 RCSB with a aftermaket crate (JEGS, I think) TBI that he bought like that from the previous owner. I think he said it's started burning oil, so we have thought of going LS. He wants to keep his 700R4 and I think it's just better to get an 5.3 LM7/4L60e and go. His is like a second daily driver, kinda rat-rod looking truck. LS makes perfect sense for his case, but I told him plan on at least $1500 and truck being down for like 4-6 weeks before being reliable again as a daily driver. I think a 5.3 LS out of the box would almost make 300 HP?
Either way, you are looking at spending some coin. I hope this helps.