Vaughn, the 6. 2 in the Blazer will most likely have the EGR motor... Kind of a bummer. It can be easily disabled, but there's not much point in that since the damage is already done. If you could find a Blazer with the J-series (HD) engine in it, then you'd be in much better shape.
Hard starting on a 6. 2 can be related to glow plugs, but it can also be a number of other things. The fuel supply system is marginal at best, especially if it still has the goofy fuel filter thingy mounted on the firewall. What a joke that thing is. I like to remove the whole thing and start over. Running a new line to a good Racor fuel filter is an excellent upgrade, and well worth the cost. With 170K on the one you are looking at, I'd find out what the history is on the injection pump and injectors... If it is the original pump, I would rip it off there right away. Reman pumps are cheap, around six bills. Always replace injectors at the same time you replace the pump. I'd also be leary of 170K on an EGR motor... Pull the air filter assembly off and look down in the intake. See of there's any buildup.
As for bottom end durability, they are pretty stout. Keep good oil in it, and do NOT let it get hot... Your bottom end will be toast. Definitely install an aftermarket oil pressure and water temperature gauge.
In LD trim, I think the 6. 2 is rated at 130 HP... Pretty dismal for a 379 ci engine, huh? *LOL* Actually, its a pretty strong 130 HP, and it can be turned up too. Just be SURE to have a pyro on that thing. It will get hot!!!
TPCdrafting: I see those little electronic modules go out all the time. It's just an injection driver module, and does like to fail when it gets hot. They usually last about 80K, and then the engine begins to stall intermittently, and then will eventually always stall once it gets warmed up. I've replaced countless modules on '94 & '95 6. 5s. It would be easy if they had located it somewhere other than on the side of the pump... Intake manifold has to come off so you can reach the lower bolt.
Bmoeller: The '92 was the first year of the 6. 5TD, and it was a very strong engine. '92 & '93 6. 5s were mechanically injected, and easy to turn the pump up on.

With a 5-speed, a turned up pump, and no muffler, the mechanical 6. 5L will kick butt. It WILL give a B-series Cummins a run for its money.
BOMB ON