After pondering long and hard, after reading the oil analysis forum, after talking to Chevrolet service departments, I changed out my engine oil to Mobil1, but not 5w30,... I used 10w30. I was concerned after putting the 5w30 in my wife's carthat that weight was too thin, and I still believe it is. But a co-worker took me for a ride in his new Suburban that has the same 5.3L engine, and it runs so smoooth. My wife's cars' engine actually ran a little rougher with the 5w30, and the 5w30's consistence was like water when the motor got hot. WE checked my buddies 5.3L engine with the 10w30 M1 when it got hot, and the oil on the dipstick was a healthy consistence(to my untrained eyes). So with 500miles on the new truck, I swapped it out with Mobil1 10w30. I hope I did the right thing!
Cheers!
SoftPoint
Cheers!

SoftPoint