Don't quote me on the numbers, but what I recall is 245 HP. No idea at what rpm, or anything about the torque. I knew once because I looked it up, but aging sucks....
Well, OK, now ya got me curious. Went to thirdgen.org and looked it up. The '92 L89 5.7L engine produces:
245HP@4400
345FT-LBS@3200
So it's not going to set the world on fire, but it will be a healthy step up from a 2F. I can tell you that it lit up the rears in my backyard - no sweat!! Danged near hit the Baja.
As odd as it might sound I went for the TPI engine over the TBI engine for it's hoped-for better efficiency, not it's greater power.
I'm going to run it as-is for a while. Once I have all of the secondary things (A/C, Cruise, etc.) sorted out, and a few other projects knocked out, then I may look into rebuilding it with some aluminum heads. That's at least a year down the road and maybe several years down the road.
TPI is just a better fuel delivery system all around. With a little work that engine should be able to put out gobs of power.