Get a full S&B intake and a cowl hood. I just cut the back side out on my Chevy hood and it helped a fair bit. I'd imagine an actual cowl hood would work great.
Stock to stock, that LLY is gonna be harder to keep cool compared to an LBZ/LMM.
I had holes cut and opened up where I could and it still wanted to get hot when you beat on it.
Others have done testing and determined that holes drilled in the back of the hood don't help. Going down the road air actually gets sucked in through the holes as a opposed to drawing hot air out.
LLY's being what they are, gauges are important so you can watch your EGT's and know when to let off the pedal. The only real proven solution to the overheat problem is an auxiliary radiator to get the cooling system up to snuff with what GM put in the LBZ trucks. Having said that, high IAT's contribute to cycling up the ECT so helping the engine breathe cooler air will help (not solve) the problem. Ideally I'd like to find a cheap used LBZ airbox or get a volant LBZ intake with the Donaldson filter.
PS. what's "hg's"?