Thanks Jay...I will continue to post what I learn, but I can assure you, I'm stumbling around blind in the wilderness at this point lol. Actually, I think it's going to work out ok in the end. I have quite a bit of data that I kept with the carb and such, including Density Altitude and weather data, so I should at least be able to make a decent comparative check. My issue, which folks need to take into consideration, is that mine is a track only car. I have no feedback to offer whatsoever on driveability, or efficiency, so what has worked for me, might not necessarily be ideal for cruising the local hot spot.
As for the PWM/FCC setting...that is untouched by me, as I have an Aeromotive A1000 pump that I'm running through one of Aeromotives EFI return style regulators. My fuel pump is run from a switch panel, and not controlled by the FiTech unit.
Also, I'm using the 1200 HP Power Adder unit. Not sure if that makes a difference on the handheld or not. It sounds like there are some tweaks and minor differences between the different units, but I have no idea what they are, as I'm the only person around my area that's running one of these, that I'm aware of. I'm positive there are others...we just don't run in the same circles apparently lol. I did speak to FiTech last week about the 2-step deal, and they said only the MeanStreet currently has an option for the 2-step use, and basically, it's a wire that connects to the switch and allows the system to run in closed loop so it's not constantly trying to adjust (learn). They did say that they are currently working on a software update for the 1200 unit to be able to do the same thing. The guy I spoke with told me to call back in about a month to check on the update.
My biggest issue is that my schedule, and the weather have not been cooperating, and I haven't been able to just go to a Test & Tune session and tweak the setup to where I want it to run. I think once I'm able to do that, I'll have some meaningful/real world feedback. It's not looking like this weekend is going to provide that opportunity either ...80% chance of rain on Saturday, but we'll see.
Hopefully, as others search the net, they'll find this thread and contribute their feedback.