heres the issue.
you can't do the center. ds clearance
you cant to do the exaust side. heat
you cant do the trans. heat.
you are left covering the already mostly flat underfloor area.
this is why most of the vehicles with nearly flat floors are IRS and have the exhaust stacked under the DS.
n addition if you ever paid attention to other GM products, they don;t hesitate to put a piece of plastic somewhere under the vehicle to direct airflow.
The fact that they did not on the SUV indicates it would be of minimal value, especially after you added 50 lbs or sound absorbing and heat reflective material to it, mounts etc.
Sure air resistance increases as the square of the velocity. (9 times more drag at 90 than 30, 25 times more at 150) BUT:
if your truck is nose down then the underside is mostly a wake zone. minimal drag.
Add the front air dam and you reduce underbelly drag more.
This is why most vehicle manufacturers merely seek to get it 'levelish'. and make the rockers lower. Air won't be actually flowing at 90 mph over the underside... mostly it will be static and air flows over the static boundary layer... much less resistance than air flowing directly over the surface. You could actually ADD drag with your proposed idea
BTW, flat panels have more drag than dimpled ones.
same reason ports in heads should never be polished smooth.