I'm not a gear head per se, but I dont think 5.3 or 6.2 would make that much of a difference in daily driving. The torque differences is where the 6.2 would probably be the biggest change/advantage. As far as mpg, if you're getting 26mpg and GM says it 16mpg average......GM would LOVE to hear from you. Lol. Dont get me wrong, I'm not coming at this negatively, but seriously.......a V8, lifted 2 inches, on an aggressive tire.......dude, diesels dont even get that. But if you say that's what you're getting, more power to you.