If you're going for a 5.3 iron, I might shoot for the 6.0, just because it's that much more motor, and you can probably get one for near the same price. X2 on T56, they're stronger stock-for-stock against a T5 
I forgot to mention in that article they retained the factory tune and injectors, and matched the valvesprings (thinking back maybe it's not CC? I dunno...).
Take a look at this one
http://www.carcraft.com/projectbuild/116_0704_lq4_short_block/index.html
The dyno page:
http://www.carcraft.com/projectbuild/116_0704_lq4_short_block/dyno_testing.html
You could probably save some $ vs what they have listed (i.e. headers, carb, used intake/ignition, etc.), and be near the power levels they hit. I was thinking about a bigger cam for when I build a 6.0, but after seeing the results of this one I may stick with a slightly smaller one (originally thought mid-220ºs).
I forgot to mention in that article they retained the factory tune and injectors, and matched the valvesprings (thinking back maybe it's not CC? I dunno...).
Take a look at this one
http://www.carcraft.com/projectbuild/116_0704_lq4_short_block/index.html
The dyno page:
http://www.carcraft.com/projectbuild/116_0704_lq4_short_block/dyno_testing.html
You could probably save some $ vs what they have listed (i.e. headers, carb, used intake/ignition, etc.), and be near the power levels they hit. I was thinking about a bigger cam for when I build a 6.0, but after seeing the results of this one I may stick with a slightly smaller one (originally thought mid-220ºs).