If you are trying to get torque up in a 1992-19996 454 TBI engine in a 3/4 ton truck on the CHEAP! your actual changes are somewhat capped but you can make a pretty substantial increase in torque output between 1500 -4500 rpms, WHICH IS WHERE YOU NEED IT FOR TOWING! PERIOD!
The L29 in your year TBI was a 230HP (sick) and about 375lb/ft(sick) engine.
Your static compression is just a shade under 8.0 to 1 (sick).
This is a recommendation as I have done quite a few upgrades on 454 truck engines for towing including 2 for my personal boat towing uses and THEY WORKED VERY WELL!
First things first, GET THE COMPRESSION UP! You need to buy a pair of GM iron Vortec part number 10141279 - 1998-2000 heads. They have a 99cc versus 121cc combustion chambers and with a good .041" head gasket will get your compression up to about 9.5 to 1-WHERE IT NEEDS TO BE! You can find these heads new in the box from GM through resellers on Ebay for example for about $500 per head complete!
Buy the electric in tank fuel pump upgrade pump from Summit-about $70 The stock pump especially with age will not pump enough pressure and volume to keep up with the added power some minor changes like this will produce!
A good towing spec. cam for this use is a Comp Cams part #11-412-8 grind # 266HR-12.Available from various suppliers for about $275 -300 per cam.
This cam will produce the most torque between 1500-3800 rpms which is where you want it for towing. With this cam you will be able to tow in many areas in OVERDRIVE between 55-70mph! This is ideal for towing and mileage!
You will need some chip upgrades on your trucks ECM to get the TBI system operating perfectly but their are several shops and guys doing these TBI tuning upgrades.
TBI secret sauce claims and intake manifold changes won't get any more torque in these ranges and will be a WASTE!
Adding headers (long tube only- shorties junk) and a better exhaust pipe and muffler adds will help slightly they are more expensive probably adding another $1000 for a complete long tube /pipe/muffler upgrade.
The three upgrades above will take power up to about 400-425 HP and torque will peak about 3600 rpms @ about 480-500 lb/ft.
TORQUE IS WHAT TOWS BEST NOT HORSEPOWER AT HIGHER RPMS!
If you truck has big knobby oversize tires for that big truck cool look, then remember they will kill highway speed towing mileages LIKE GODZILLA SUCKING FUEL THROUGH A 12" STRAW!
If you want to have decent highway speed mileages, lower noise levels and nicer handling then put on a good set of light truck highway tread radials, keep them inflated to 45lbs minimum and they won't look as cool but if your towing longer distances you will soon realize that was one of the best changes you ever made!
Follow good recommendations like this will work and you will be happy. Taking to many half baked ideas off of posters on the internet who many of which have never owned, properly modified and towed with a Chevy 454 TBI truck like I have for years are BLOWING TO MUCH SMOKE UP YOUR BUNG HOLE!

