Originally Posted by DanDombrowski
The DME can't use the O2 sensor at WOT because the sensor output is very non-linear. (it's not a wideband O2 sensor) Since the WOT a/f ratio is not close to stoichiometric (and the narrowband sensor wants to see an excursion through this point) the DME runs open-loop in WOT. Some new cars have wideband sensors that allow sampling the O2 sensor at WOT also. The New Beetle, some Porsches, and Cadillacs have wideband O2 sensors.
(edited after posting) : I forgot to mention that the reason you see the narrowband afr meter display juming all over the place is because the O2 sensor is switching between roughly .2V and .8V about 20 times a second. These two voltages indicate lean and rich, and .5V indicates lambda = 1.0
When running WOT, the a/f ratio will stay around 12.5 to 13.6 : 1
Mark