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While I'm sure there are some that have done it, I would guess most would put in something a little stronger than a stock Z06 cam.
It is not too much work for the mechanically inclined with proper tools or take it to a shop for outpatient surgery.
But, again, if you're gonna do the work, you may as well put something a little stronger in.
While its not THAT hard, it is time consuming and for the time and money you might as well put a bigger stick in it... however if you are hell bent on a Z cam.. I have my stock one out of my 01 that I'll sell...
I think those are perimeter bolt heads, I would go with the 243's or new 799's (same thing)
Believe with the lift of the '02 and later Z06 OEM camshaft, you MUST use different springs, and may have to if you use the smaller '01 Z06 bump stick. Might want to check if new push rod also are recommended.
Swapping your OEM '99 camshaft for an '02 or later Z06 camshaft might be OK, if you can get the camshaft for little or nothing and if you can do the work yourself or with buddies, so you don't have any labor expense.
The stock lS1 cam has a 19.7mm base circle.
The '02-'04 Z06 cam has a 19.0mm base circle.
This will cause the lifter piston to have to compensate and rise 0.7mm in the lifter. This is only 0.028", and usually causes no issue. But GM thought it might, so they made the Z06 valve stems longer to keep the lifter pistons centered.
Just another reason to go with a good aftermarket cam.
Consider Lpe GT2-3 cam as its basically hairline bigger than Z06 cam, and prolly no tune needed, LS6 springs and GT2-3 cam and u r good to go, anolther 20 hp and flat torque curve. GT2-3 207/220 .578/.580 and 118.5 LSA.
What power levels are you trying to reach? Do you drag race or auto-x? What kind of driveability do you want?
These are all excellent questions. There is just not going to be one cam profile that fits all users. You need to honestly ask yourself what goals you have for the car, both now and in the future. Also how important is it to you to maintain stock like driveability? Big cams and good heads make great power, but you will lose some of the easy to drive creature comforts of your car. If you increase power too much you will need an aftermarket clutch, bigger injectors, stronger valvetrain components, etc... Once you decide what you want from the car there are many people here who can help point you in the right direction