Well are you swapping 89-95 or 96-98? There is quite a few differences between each setup. From what I've read and experienced, the 89-95 is easier and there are more people who have done the swap to get info from.
1) I swapped an 04 LM7 bored to 5.7l into a 98 GMC and turboed it. I kept the 4l60e and put in a shift kit, billet servo etc...
TU1 cam, .660" lift trickflo springs, 799 heads etc
LS1 intake swapped on (not worth it at all)
607hp and 638ft*lb = very satisfied
2) -I had my first engine have cracked lands between the piston rings = failed on dyno
-second engine had a weak cylinder wall and blew out to the water jacket
-First tune is critical! My basic tune(to get to the dyno only) wouldn't run at all - turned out it was too lean and i could only get it running by disconnecting the IAT sensor
-The only thing I dont have working is my fuel level gauge - I think its a bad ground but dont care at the moment cuz ive been driving it as much as i can before winter comes.
-My first 2BAR MAP sensor was junk, had to buy a 2.5BAR cobalt one when the truck was on the dyno haha $180!
3) Money Pit for me... $16,000 in swap all together. - I have a spreadsheet available if you want a cost break down
Still truck looks really good and halls ass so I'm happy with it anyways haha
4) I had never done an engine swap prior to this. My first engine building experience, my first wiring harness modification, my first time ever looking at a turbo, my first time ever doing any real major project.
5) NA
6) Yes I would do this again and I plan on it. I also plan on spending alot less cuz i know where I went wrong this time.
Check out my vid: https://www.youtube.com/watch?v=Rm_VprOaaAM
My experience with wiring was more difficult than crazy8mnky's I believe due to the fact I eliminated the 98 ecu all together. I also had a bunch of other custom wiring for fans, switches, 340 lph fuel pump etc...
TIPS: lt1swap.com - Brendan is a great guy use his website for wiring diagrams. Would have taken me forever without his help. And everyone on this site is willing to help ls1truck.com is awesome, and lots of great support!
Back Alley Motorsports 98 GMC
-5.3l LM7 bored to 5.7l Thompson Motorsports -72mm T4 Magnum Turbo
-TU1 Custom Grind cam(spec speed.inc) -799 heads
-.660" Trick Flow dual valve springs -Forged Probe Pistons 3.902" flat top