Correct me if I am wrong, but wouldn't the bell from the blazer have the slave on the driver side? I know for a fact that the 88 up "K" series have the slave at about 5 o'clock on the passenger side, in order to clear the IFS diferential.
Jimbo
Oops, re-read the question, and yes, the SM465 is the same between the 87 blazer and the 88 K3500. The 88 K3500 has a different top cover which relocates the shifter rearward about 5". Can get pics tomorrow if needed.
Jimbo