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I have owned both. 2010 Tahoe LTZ and a 2010 Denali XL. Those have totally different suspension. The LTZ has magnetic where the Denali has air. They rode completely different. The Wife and I like the air ride better for the smoothness. The Tahoe ride was very harsh. The Denali sat lower with the awd where as the Tahoe was taller but had factory-installed automatic running boards (which were nice.) The Denali has the 6.2 better transmission and rear axle.
All in all we like the Denali better but it comes down to personal preference. Go and test drive both and see which on you like better.
Definitely his shocks on an 07. Wonder if the rear bags are still holding air?..Shocks must be blown or you have shit tires. Tahoes / Suburbans are some of the best riding vehicles on the road.