I use Tunercat and really like it. The graph mode makes it easy to fine tune certain areas. You can actually grab the graph and pull or push a certain area of the maps. The table mode is helpful also you can change the whole table by multiples, individual cells, or select a certain area on the table and make a general change. One of the disadvantages are the number of tdf files (files that describe the way the PROM is layed out for the ECM) that are needed. It seems that GM changed the layout every couple of years, and for some they were a one year only deal. This isn't too bad if you are just doing your car, but if you start tuning other cars it seems you are always going back and ordering another tdf, at $20 each they start to add up. The program comes with one ... for an older Chevy pickup.
Jeffnlisa recently had a post about getting tuning software for his LT4. It seems like he found out that the LT1edit is the only software that works with the LT4. Either that or it was the most recommended, cant say for sure I haven't done any chip work on an LT4. I'm sure Jeff could fill you in, give him a PM.