Charlie207
Full Access Member
FWIW, I'm giving serious consideration to doing exactly this, as my 187k mile Yukon with original AFM (disabled in tune, but parts present) engine is one day closer to failure every day. Except, I will buy a junkyard motor and do the work on a stand, while I continue to daily drive my Yukon. The short block on these can last quite a long time. If the compression and leakdown numbers look good, I say send it.
That's what I did last year. My 5.3 was still working fine, but it had ~180k on it, and was starting to consume some oil.
I stripped a Marketplace engine down to the block in my basement, and had a machine shop look it over. They are robust engines, and don't seem to need much to keep working.