I've owned this truck for 8+ years and am generally happy with it. I replaced the alternator in 2006, but the biggest problem has been the fuel pumps. As of 2011, the truck is on its 3rd fuel pump. Local mechanic says Chevy/GMC fuel pumps burn out every 5 years or so, and as the fuel tank needs to be dropped (or bed removed), it is a very expensive ($700-$1200) repair due to labor costs. Recently, an exhaust manifold bolt failed due to corrosion, but it was a quick and easy fix.
Overall, this truck is pretty solid. It's old, but the engine, clutch and transmission have been trouble-free. It would cost too much to replace, so a few hundred bucks a year sure beats a monthly car payment.
Amazing HVAC (freezing A/C, inferno-like heater).
Lotsa headroom for such a small truck.
Decent MPG (22 city).
Shoddy fuel pump design causes frequent failures (every 5 years according to my mechanic).
Parking brake cable needs regular lubrication to function properly.
Gutless, especially with A/C on.
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