do NOT be gun-shy about the 6.5L. we farm a couple hundred acres (boy doesnt that sound impressive

210 acres of dryland in dry-ass western KS is the reality. dont go thinking we are BTOs!), and have 6.5L farm trucks. they are very easy on fuel, wont catch a field on fire like a gasser, and if purely off road and on farm, can run on red diesel like the tractor. plus, with the guidance of the knowledgeable folks here, they are easy on cash too. if maintained, and not neglected (neglect is the biggest mistake that turns an otherwise reliable and economical engine into a bottomless moneypit that is also un-reliable and gutless) they can be repaired for not much money.
so basically, I have 10+ pickups, 5 are tagged, all are 6.5L diesel (and one 6.2L) and only one is a gasser, and that is the 91 C1500 chevy. so while I love the 4.3L, I would highly suggest keeping the 6.5L. search craigslist, put a lightly used AMG optimizer in for under 3 grand from teds on ebay, get a boyce 6.2L, etc.
The 6.5L is a great ol engine if used within its design, and if built properly or babied, it can be taken well beyond its factory recommended limits. I do the cheap, easy, and slow, which is baby it, and I have nursed my stock 6.5L's loaded to 18,000 lbs into california, nevada, etc. all over the west delivering farm equipment, and they have done nothing but serve well. I am running basically bone stock, and I change my conventional oil every 3,000 miles, as I know it gets a workout. I change dampers when they go bad, try to keep a clean cooling stack, etc.
the horror stories you hear are usually dummies who wire the wastegate shut on a wore out neglected pickup, change oil every 10,000 miles with no additional filtration or synthetic oil, and hook a giant trailer and plant it too the floor in OD and peg the temp guage, leave a failing damper on, dont maintain the WP t-stats and rad, then blow it up and bitch.
The best advice you will receive from the knowledgeable folks here is fix it up before hopping it up, as in repair, maintain, and lay the groundwork for power before adding power.
good luck!