Here's a breakdown of the challenges:
* Engine Compatibility: Simply bolting in a different V8 is unlikely. You'll need to consider the engine mounts, transmission compatibility (automatic or manual), driveshaft length, wiring harness, computer (ECU), exhaust system, and cooling system. A swap might require extensive fabrication and custom parts. Some LS-series V8s (common in GM vehicles) are relatively easier to swap than others due to their widespread use.
* Cost: This is a very expensive project. You'll need the engine itself, a new or adapted transmission (if necessary), various mounts and brackets, a new wiring harness (likely custom-made), potentially a new exhaust system, a custom cooling system, and professional labor for installation. Expect to spend thousands of dollars, potentially tens of thousands.
* Complexity: This is not a weekend project. It requires significant mechanical knowledge and experience. Unless you're a skilled mechanic, you'll need a professional to do the work.
* Legality: Depending on your location, swapping engines might require inspections and modifications to meet emissions standards. Improper installation could lead to safety hazards.
In short: While it's *possible*, swapping a V8 into your 2005 GMC Sierra 1500 is a massive undertaking requiring considerable mechanical expertise, time, and money. Unless you have extensive experience and are prepared for a significant investment, it's likely not a practical solution. A more cost-effective and less complex approach might be to upgrade existing parts (like intake, exhaust, and tuning) to improve your current V8's performance. Consult with a reputable mechanic specializing in engine swaps for a realistic assessment of cost and feasibility.