My 2003 1500 Z-66 with the 5.3 has 250K miles on it.
Cold oil pressure at idle is 40-45.
Hot oil pressure at idle is 30-35.
Hot oil pressure at cruise RPM is 45-50.
I don't doubt that a new oil pick up tube o-ring would help, but the pressures are sufficient, at the moment.
The engine has lifter noises when it is first started from dead cold, but within a minute, the engine goes silent and stays that way for the rest of the day.
This engine runs very smooth and quiet, for it's age and mileage.
My 2004 EXT with 236K miles on it and the 6.0 engine has a different set of problems.
The engine developed some lifter noise that was later determined to be caused by a crack in the driver's side head that was allowing coolant to seep down into the crankcase when under pressure and mix with the engine oil.
This coolant contaminated oil could not allow the lifters to stay pumped up after sitting for a while and the lifters would clatter until the oil/coolant mixture was able to pump them back up.
When the engine was running, the lifters were quiet as expected.
After a fresh oil change, the engine started and ran quietly.
It was only after a couple of hundred miles did the start up lifter clatter return.
Since the engine had been run for more than a year with these symptoms before I determined the actual cause, I have no doubt possible damage to not only the lifters, but also to bearings, cam and other wear surfaces inside the engine may have occurred.
The EXT has sat unused in the garage since February, 2020 while it waits for a reman engine to be installed.
Since I have the Avalanche to drive as my daily, I am waiting to see how this virus thing shakes out before dropping that dime.
The money for this repower is ready and waiting, but I want to sit on that dough until we see what is in store.