True beauty of ZR-1, for me, is the sound and a feel of a large displacement V-8 revving at 7000 rpm. I've had my share of various small block chevys. As much as I loved these motors in various cars, including corvettes, typically redlined at 5500 and worse yet, as rpm goes up, you could feel the motor gasping for air. This is true of most ohv V-8s. LT-5 was one of a few american made (Mercury Marine of all) V-8 designed to alleviate this inherent flaw of ohv engine. Design solutions led to 4-overhead cams, 32 valves and resulted in a very expensive motor to manufacture - leading to its demise. LS-6 is wonderful. However, its not as elegant a motor as LT-5.
Having owned a 91 ZR-1 for 5 years, between 91 thru 96, and driven 98,000 miles until the car was totalled (unfortunately), at least in case of the particular car, motor was trouble free and reliable as any small block chevy. Only major problem I had with that car was a burned out fuel pump.