I have a 5.7Gxi motor used in saltwater. Its a pretty ancient design and very high maintenance. How easy would it be to slot in the new 5.3 Gen V V8-350C? it has closed cooling and is state of the art and lighter than the ancient 5.7 units
Maintenance is going to be no different between the 5.7 and the 5.3. They both need oil changes, they both need filter and impeller changes. If anything, the 5.3 is actually going to be more maintenance and more expensive because now you have to deal with emissions and catalytic converters and oxygen sensors. Where on the 5.7 you do not.
Both engines have closed cooling.
The weight difference between the 2 engines is negligible, about the same difference as 1 less small teenage passenger.
The biggest difference between the 2 engines is the 5.7 has 50 years of proven reliability. The 5.3 is brand new, so it will be a guessing game as to "how good" it actually is in the long run.