15 years ago, having owned a '87 vette and loving the TPI performance but not loving the reliability, I sold the car and bought my Muncie 350 L48 '72 with 336 gears.....and so, as a stock car, it got 12-14 mpg and the Qjet was in decent tune....for a carb....
So put on a TPI system and with NO other changes jumped to 24 mpg cruising at 70-80 on the freeways....trips....
down here in Florida for the last 11 years.....I went to a hotrod 350 much like your ZZ4 but a step wilder in cam....and with a 200 4r tranny, same 336 rear, I did 22.2222 mpg at 90 mph cruise just last month....
so....I gained some ~100 hp easy, and with the o/drive got within 10% of the fuel economy....
looking back, maybe that L48 with the L98 induction wasn't such a bad deal afterall....but then again....there is the GRIN factor....
I think DPFI IF done cheeeply is a mucho better deal for any engine on a street driven car....but to spend 2+ grand on some install is a LOT of miles to get a payback.....but you see, I have had this car for 15 years now....