GM will probably charge a premium for the diesel and for the six speed auto that goes with it. If it cost more than $3500 over the base 4.8L engine ($2500 over the 5.3L), then I say good luck selling them. Diesel is $0.70 per gallon higher than gas right now. These diesels already look too big, heavy, and powerful for half ton trucks. With the new emission standards, diesels are getting much worse MPG they used to...so I doubt we will see better than 19 mpg on this truck. The Ford Powerstrokes are barely making double digits, and the new Duramaxes are more thirsty than the origionals too.
The output in this 4.5L is awefully high for most half ton users.
I'd be happy with a 3.0L engine that puts out 350 lb-ft and 200 horsepower if I could get it with a six speed manual...that should break into the mid twenties mpg easily.
And being GM, they will only allow the 4.5L on crew cab LTZ models equipped with the in dash navigation system and only in certain colors with the optional moon roof, unless it has the bedliner in which case only gas engines are offered.
That last part is a joke. The diesel will probably only be offered on premium models though. This is General Motors, where the laws of supply, demand and logic do not apply.