Lets define an "LS" as Gen 3 and 4 GM car and truck engines for simplicity haha. Pretty much all V8's 1997ish on up.
Honestly I am not trying to get super technical. Pretty much, what makes new designs better than the old? If it aint broken, don't fix it, ya know? So my question is: whats broken about Gen I Chevy 350
I'm not trying to get technical, the way I see it is GM had a good thing going with the LS series car engines and used the LS badge to make people think they were getting something extra in the trucks. As far as new is better sometimes it is and sometimes it's not. The Gen 1 engines are cheap and easy to fix.