You might also try getting another fuel pressure gauge to put on it, since it's reading so high while idling. There may be some sort of issue going on there. For some reason I'm thinking that has to be related to your issue, and if we can hammer it out, we'll have it starting and running like it should.
I also wanted to ask if you've replaced the fuel filter since putting in the new pump. Generally, it's strongly suggested that you do it at the same time as the pump, because sometimes a failing pump can kick up some junk and clog up the filter.
As for the Vortec itself, the core of the engine is about as rock solid as they get. But those early spider injectors are somewhat problematic and so are the fuel pumps. My 2002 Blazer is all stock, with 207,000 miles on it. And I use it to run rural mail routes four to six days per week. I beat the ever loving crud out of it, and it just keeps going. The engine (essentially the same as yours, with some updates) sounds like it has about 50,000 on it, and the transmission still shifts about that smoothly too, And trust me, I do not baby it. Stop and go up to 650 times in a day. I have been through a few fuel pumps though :D. I'm on pump number four right now. Thank goodness for lifetime warranties.
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Sunday, December 30th, 2018 AT 2:24 PM