Thanks, Gravy. The lifters aren't collapsing tho. It's more that they are 'floating'. I don't have a tach but the powerband is high and I'm in it. It's just that using 10W-40 oil, after pulling long and hard and hot and high RPM they will just start to lightly rattle towards the end of a long hard grade. 20W-50 eliminates it.
I have a chip and I have to use the highest octane I can buy to get the most out of it. It's a '91 Chev K2500 w/5.7L so the knock sensor will adjust timing as soon as knock barely starts to appear. And the sensor will lower the timing sooner if I use lower octane fuel, which occasionally happens if I won't be towing for awhile. Basically, I can use any fuel but there's no benefit from the chip if it isn't higher octane. And.... there's not a huge benefit from the chip anyway, just a little.
The truck worked great pulling my 6000 lb fifthwheel. Then I traded up to one with a big slide at 10,000 lbs. I have a "tow test" road and measure any modifications by "how far I get up the hill before it downshifts to first gear". I'm within 100 feet of the top. When I started it was going into first about a 1/2 mile from the top. Despite what others might say, a TBI spacer made a difference in that test that even my wife noticed. I really need a diesel pickup to stay out of the lower gears and I could have afforded one for what I spent on the PT, attachments and carport to put over it. So given the choice of 1) spending an aggreate hour per year longer pulling the really bad hills when we are towing the RV or 2) having the PT to "power-landscape" my 40 acres, I can live with the truck's shortcomings.
It's not overheating as I conqered that demon years ago. When I first got the truck it overheated horribly. Finally discovered a prior owner had added an aftermarket tranny cooler but plumbed it incorrectly. After consultation with my local tranny shop, I removed the added cooler and haven't had a heat problem since. There's synthetic in the tranny, of course, and it gets changed every year. And there's still the stock tranny and oil coolers built into the radiator.
Phil