My advice.. find a wrecked silverado so you have the whole package in front of you. $2000 or less can find a wrecked 5.3 truck all day.
He means a carb intake a carb will make more power than a truck/car ls injected intake.
It's been tested time and time again. With the same intake, they usually make equal power. Some say carbs are easier, some say Efi is easier... carbs can be a headache, Efi can be 10 headaches because of its complexity.
X2 on the complete pull out. Lot less headaches if you're not well versed on the mixing and matching of parts and controls.
As for the carb vs. EFI, carbs usually win on the same intake. But EFI intakes usually do better across a wider rev range. Tim's setup works good at 7000, but a FAST intake on the same setup with EFI will make 20-40 ft-# 2000-6000, with the carb setup pulling ahead over 6000-6500. That too has been measured, not on Tims setup, but with the guys that built Tims motor.
Yes it has been proven.....call these guys and ask for Brain .....this was about a year ago so maybe its different now ?? I have also read that a carb made more hp on LS1tech but again that has been a few month ago...
http://www.thomsonautomotive.com/?page=ads.cfm
Look again Matt its a Mast Motorsports 2 peice intake manifold.......
Tim, I saw the results that Brian and Dave ran a few years back on an LS2 (a real LS2, not your "LS3"

) carb intake pulled better number 6500-7000, 10-15 HP. Below 6000 and in the midrange, the LS6 intake (or LS3 depending on which heads they were running) made 15-40 ft-# more torque. That's on a 6.0. On a stroker it will be more, on a 5.3L the difference in peak power will be marginal, but you'll lose an ass load (engineering term) of torque... if running NA.
All of the this carb vs EFI matters less if you are going boosted anyway. Intake config doesn't do much on boost. As long as it's not a restriction, it does not matter much when + pressure is applied.
Isnt it pretty expensive for the cover and balancer and what not? Im sure you could find a decent deal on a manifold/msd box combo if you looking to save some money.
All of my pro-EFI comments go out the door now..

.. I got my front cover (with MSD dizzy) setup for $400 or so from another member here. I have not gotten the water pump yet, but that will be some $$ too. I am not going carb for performance, I am going for more of a old school look on the motor, so I want to run the dizzy more for looks than max performance.