Tbi engines can run really well, but you have to know what you're doing with the heads(most go hog wild thinking the swirl must go, and ruin them), and be CONSERVATIVE with the camshaft. Last one I built dyno'd a bit over 240 at the wheels, and that was with a junk 700r4 trans with no lockup. The tbi system is DEAD simple, and I think that is what deters most from them. Otherwise they are SUPER easy to carb swap. But to make the tbi work is very easy to do. Small blocks only need 12-13 psi of pressure(94-95 454's were the odd balls at 32-40) to work. It's a bare bones system with a tps, cts, map, O2(most were 1 wire, but the 3 wire upgrade is worth it's weight in gold), speed sensor(depends on year and what body as to the type of signal and pulse per mile), and the 8 pin hei distributor. Most issues with them are either a bad/failing ignition module not switching from internal to ecm timing control, not amplifying the magnetic pickup signal properly to a square wave signal for the ecm to read(happens often with aftermarket modules), or the pickup coil gets weak or cracks and puts out low voltage or a double signal. Starting in 91 2500+ could have the 4l80e trans(remember 91-93 4l8pe trannies are "unique"), or in 93 the 4l60(700r4) went away and the 4l60e came out(95 is a 1 year only and 1st gen pwm tcc control). The ecm's used are not water proof in any way, and must be mounted inside the vehicle. Tuning is not difficult, but early ecm's require replacing the chip socket and running an adapter while later ecm's can accept modern chip blanks(91 with 4l80e or 93 with 4l60÷ and up have the modern controllers). Converting to stand alone is fairly straight forward and simple with them, and is by far the easiest one to do, hence why so many people use them on other engines to convert to fuel injection(howell tbi system's is all GM parts off the shelf put together in a diy kit).
Don't expect big HP, but you can get some SERIOUS stump pulling torque out of them that comes in just off idle that will make you question wether it's a diesel or not. Upgrades are plentifull AND CHEAP, as well as tuning is easily achievable if you so desire.