https://en.wikipedia.org/wiki/LS_based_GM_small-block_engine
It also features higher flowing cylinder heads sourced from the
L92, a more aggressive camshaft with 0.551-inch (14.0 mm) lift, a 10.7:1 compression ratio, a revised valvetrain with 6 mm (0.24 in) offset intake rocker arms, a high-flow intake manifold and 47 lb/hr fuel injectors from the LS7 engine.
That really doesn't clarify L77 vs LS3?! Text refers to difference to previous designation LS2, presumably written for US audience.
L77 is by comparison identical to LS3 in all areas mentioned, except valvetrain and 0.058" larger bore. That's 3/4 mm either side, not a world apart but still notable as it extends capacity (more importantly CR) slightly.
Specifically the figures which do make a difference are the peak Intake valve lift being 1.0 mm less in order to extend longevity of cam / lifter at the face (larger base circle), and 4° Intake duration.
In other words L77 has street cam optimised for higher volumetric and thermal efficiency utilising AFM (cylinder deactivation) and ethanol - focus is part throttle, cruise and lower RPM - torque focus. PT torque favours L77 lift and events.
The LS3's bore creates a marginally better rod ratio and CR suited higher RPM - later IVC etc for HP focus. The latest LS3 cam spec is very similar to the LS2, swapping either cam into the L77 gets immeasurably similar performance.
Alternatively a cheaper yet effective mod mentioned above is to swap out the L77's rocker arms, springs and pushrods (simply by lifting the valve covers) to produce same intake lift and duration as LS3 with more exhaust duration. Original LSA remains same hence emissions under control, the main difference after VE tuning via steady state / load is the -0.1° diff in overlap (Bee's dick).
So without rockers same bolt-ons, there are near stock differences in the tune to suit cam and purpose. Full bolt-ons accentuates this to a degree, maybe 20rwkw top end difference. Not necessarily better overall is what I was saying earlier, difference valve events mainly. With the rocker mod the L77 has more tuning potential, especially with ZL1 fuel pump and other tweaks for e85.
Lastly the hollow intake valves are fantastic, but without $5k-$8k engine work they don't add performance near stock.