They aren't bad engines by any means.....they just don't stack up against a real engine like the cummins. They do give good mileage for a daily driver and are capable of moderate work. The last one I had would get 21mpg empty and 10 towing anything.
How did your cylinders check out?
Not to turn it into a vs. thread. Seriously my 2003 5.9 has 1/2 the miles while undergoing an extensive and expensive repair.

This is just about other diesels in the world cheap, disposable, or whatever the yardstick used to measure them. This thread is simply some of that fun looking at a 6.2/6.5 Detroit Diesel. Like I said I may need to be committed :-laf
Keep in mind the 6.5 engine is still in production, but, not by GM. Most of GM's bean counter problems were removed with the Optimizer redesign and completed with the P400 and are available (longblocks) at a similar cost to a new Cummins longblock. Regardless the 6.5 "GM" engine is cheap and allowed it to be the low bidder for the government. Parts are also plentiful from surplus GM engines removed from military service in a repower program.
Regardless they are a fun engine to hot-rod and find the limits of. Specifically when you find the limits and turn the former 6.2/6.5 into a hot oily scrap metal pile you can drop in a replacement 6.2 engine for less than $2000.00 parts, no labor. I am pretty aware of the limits of the engine having won carnage threads with them.

It's not fun to blow up a $7000 engine and when I blew some $2000 engines it was during the Great Depression V2 and the last thing I needed.
"Not a powerhouse but an ok mule" I would disagree on the mule part as the article will detail. With some hot rodding they can get out of their own way. I have attended a Cummins dyno day and didn't come in dead last. Some IDI Ford did. So get out of it's own way is a reasonable expectation.
After this article I went ahead and put a spool valve on that Suburban.
http://www.maxxtorque.com/2012/07/the-65l-diesel-factory-equipped-asthma.html
Only other comment is with gapless rings the oil in my 2003 is dirtier than my 1993 6.2 as they stop the blowby and really keep the oil in the dirty running 6.2/6.5 engine clean. Wear of the cylinder is simply not a concern as the engine is likely to crack to death before wearing out the rings.
Spool valve on Heavy 3/4 ton Suburban K2500 4x4 - AC on 110 degrees out. It really wakes up in colder weather.
I love the sound before the spool valve opens up.
Rat Rod pickup: 1993 High stall 2400 RPM converter with a small injection pump and huge A Team Turbo. Just fun to drive. (.29 plunger 6.2 used when a .31 6.5 IP is available, excluding Marine or custom pumps.) Just didn't get around to dropping this needed stall on the Suburban. Makes it a toss up for spool valve or high stall converter. I prefer the high stall. Both would be a hoot. (You can see the RPM difference the converter makes for keeping it in the large turbo powerband vs. the above videos)
On a safety note: This pickup now requires 4x4 for backing up a trailer. If the front wheels hang on a curb the rear wheels can break loose in reverse and with a trailer it gets hairy quick!