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aRE YOU SAYING i NEED TO CHECK O2 NUMBERS WITH A PROB AND A COMPUTER? i DON'T KNOW WHAT THE BLM IS.
Looking at the voltages (using a computer and scanning software, Tech1) from the O2 sensors will tell you if they are working correctly or not. That ties in the A/F ratio that the ECM calculates. The BLM is the A/F ratio number range the ECM calculates for injector pulses. 128 is the target number and to high or to low will make to rich or lean. Above 128 to lean and visa versa.
When the engine is cold in open loop the A/F ratio is derived from fixed tables and parameters, engine temp, TPS and RPM (etc). So the O2 sensors are not utilized yet and perfect A/F is not calculated.
You have also changed you exhaust system which I believe will affect this whole situation. The chip may not take into account the new exhaust and different 02 readings.
This link will explain much more in greater detail.
You said you put headers on it, do you have the o2 bungs connected to the headers? Or are they non-emission? If they have the o2 connections, try getting some o2 sims. These will send a false signal to computer.
With the Hotcam, my cold idle is fairly smooth, but that is in open loop at a higher rpm. Once it goes into closed loop (warm) the rpm cuts down and the idle gets lopey. That's what bigger cams do.
The specs on the Hotcam are 218/228 Int/exh duration, .525 lift on 1:6 rollers and 112 lobe seperation. If your cam is bigger than this with a wider seperation you're going to get more "lope".
You said it runs great when you "give it hell". So it sounds to me like it's doing what it's supposed to do.