Actually the '05 will be 325/610. There is a good write up the current TDR mag about the differences. The '05 gets a few pounds more turbo boost, and an engine computer nearly twice as powerful. You would get the high idle control built in that you run with the cruise buttons on the wheel. The 48re gets a tow/haul button instead of the OD/off. It isn't much good coming down the hills but is great going up because it locks the convertor much sooner and pulls like a manual trans. You will loose some fuel economy though, probably 3-4 mpg depending on driving habits. The 305/555 engines seemed easy on fuel by comparison. The leather in the Laramie seems pretty durable. The seats are the same, and stink IMO but you know what to expect anyway. Depending on the package you may get the electronic 4x4 shift which cleans up the floor and works great. The stereo is better than the '03, though not perfect. Pretty much the same truck though, just minor improvements.