The truck side frames look "chunky" because MTH simply used an older style EMD truck from the GP38s. Those trucks have the brake shoes on the ends. The prototype GP60Ms used a later truck without those end-mounted brake shoes. The more accurate Atlas trucks can be seen on the engine on the right in this photo:
Cut off the brake shoes with a rotary tool, and the MTH PS 1 trucks still won't be quite right, but you will at least get rid of the "chunky" look (as you aptly put it).
I had one of these engines in PS 1, but got rid of it in favor of the Atlas model. It was not as nicely detailed, and the fuel tank was too small. But it was a good runner, and I actually liked the QSI sounds better than the Railsounds package in the Atlas model.
RM