Seems like its more likely related to harmonics. The pistons would have pitting and burned off edges if it was detonation. First thing I thought to myself, wonder what the tops look like.
IMHO this was not due to fuel, or detonation. It was due to harmonics, how fast was it spinning when it blew? What gear? Did you power shift it? Or if an auto did you firm up shifting? Again harmonics and maybe shock loading. Fuel cut off? Detonation usually chips the face first, right around the valve releifs and the edges of the top. Usually it takes chunks out the heads too.
I could also be way off base here, however in the past I have seen engines that were built blow to shreds because of harmonics, especially with the size of the piston in relation to length. For all intensive purposes the 5.0L engine has bad geometry for high revving, but the factory does it. For that matter so do ls7's. I do feel the harmonics of this engine are quite different from my previous 3v engine. The 3v was rougher at idle to around 2800rpm, then it smoothed like butter until 6800rpm where my rev limit was. The 5.0 is rugh from idle to 1500rpm then it smoothness out to about 5500, after that I can feel some bad harmonics, however the engine is so much more eager to rev that its hard to judge exactly the cut off.