As "TeamJeff" said... I looked for a long time for a 7.3 diesel in the 92-97 F350 and like you, found a ton of 460 trucks. I bought one unseen from a guy in California who had put 170,000 on it. The truck is spotless, and I just put 15,000 on it towing my trailer around the southwest and Mexico for 5 months. In that time I changed the alternator and that is it. $89 for 5 months hard towing! The 460 is not the pinnacle of engineering or economy, but if you factor in the fact that you will pay about half the cost for a 460 that you will for a diesel in the same condition, it is worth it in my opinion. Just think about changing your oil in the 7.3... 16 quarts versus 6 in the 460. Injectors? Up to $200 per in the diesel. That $1600 will build you a whole new 460. If you don't mind a stick, I had an F250 with the ZF5 5spd and it got way better mileage than the auto does in my current truck. I could get 14-15 if I drove it easy. Don't get me wrong, I LOVE A DIESEL! But, it just doesn't make sense if you are looking at older trucks. I would grind the gas sellers for a great deal!
Good luck what ever way you go...:sombrero: