Don't get me wrong G, it seems as though you are breaking my 30+ year "undeniable truths" I have in that if a properly functioning O2/HO2 gives me a voltage in a data stream it may be reporting a different value/voltage than what say my DSO is reporting hooked up directly to the sensor. Or that the sensor is just inaccurate at given conditions from its' rich lean switching point generically held as 14.6 AFR with E0 fuel. If so it is because of a bunch of modifiers in a PCM/ECM that is giving a calculation rather than a displayed reading.
To add putting in a WB being truly accurate during any and all conditions baring reversion or exhaust leaks of course.