Reading Cobb's tuning guide over and over, it seems that the closed loop system would just try to achieve the scalar stoich (14.0x for my SHO) unless I'm at WOT which it then uses the commanded lambda - like you're saying.
But datalogging my fuel trims, it's pretty apparent my stock SHO is running fairly lean. On average, it's about 5% across the board, but plotting LT+ST across a table of RPM vs load, it goes as high as 11-12% on in the higher load/higher RPM cells. Do I just ignore this with the SHO? I remember back in the day that if the fuel trims are too far off, the system will tend to overcompensate and the swings weren't good.
On my MAF tuned S197 GT, the same datalogged table swings between +/- 5% in the high load cells but on average is within +/- 1-2%.
So I could run an open conical air filter on the SHO and the system will adjust accordingly, even if the fuel trims are really skewed? Or theoretically, no filter or airbox at all, and the system will still compensate?