Stomis
Professional Amateur
5.3 and 6.0 share the same bottom end,rods,crank etc,the only difference is the size of the bore.
That being said the power difference is not that huge between the two but the 5.3 generally is way cheaper. Plus with that price difference you can stuff a better cam and valve springs in it and and make the same power as a 6.0 and still probably be cheaper.
I could have sworn the 5.3 was steel crank and forged pistons vs 6.0 being a cast crank and hypertech pistons

I know there is something about that damn motor that makes it more appealing for go fast as a basis compared to gaining the displacement of the 6.0.
neither engine has ever been apart more then a set of intake gaskets.