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For me personally, I'm going to do bolt ons and not tune it, and this is coming from someone that had a cammed 5th gen. I just don't trust the LT1 in a 1st model year car especially after bringing it in for the oil pump recall. I don't know if the dealership is going to put it back together 100% correct and that's enough to scare me away from tuning it.
With that being said, there's nothing wrong with doing the mods. The dealership cannot void your warranty for just having exhaust or intake modifications and if they do, you should find another dealer. In the worst case you can always revert it to stock without leaving a trace of the mods. You will leave some performance on the table, but if you're really worried about tenths of a second you bought the wrong car and you should be building a race car. Just my .02 cents.
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