Taking a look at a friends F150 file, I finally found out how to change the fueling on these vehicles. There's alot more to play with in terms of fueling, but here's the basics.
Go to Engine - Fuel Control - OL & CL - Fuel Base (Fuel Base vs. RPM vs. TPS) It shows that the fuel is calculated in Lambda's, something which I'm very new too. Did a search on the inet and came up with this table..
Scroll down to the bottom of the page... http://www.rbracing-rsr.com/rsrgauge.htm (If someone can forward me the code that will just display the calculator in here, I'm sure we could get a sticky done)
I will be hooking my LM1 up to my friends F150 in the next couple weeks and will start to play round with these tables. I do hope this tables works as accurate as the PE AFRs in the GMs