OK, well, thanks for the heads up. The exhaust system seems to be tight right now, with the header bolts secure and the exhaust pipes bolted tightly to the
header collector. Also, if there was a leak in the exhaust system, I would suspect the exhaust, due to positive exhaust pressure, would leak out, rather than air leaking in. But, exhaust systems can also have a scavenging effect. Also, my A/F meter is reading 10.5, not the ideal 14.7. If there was air in-leakage, the meter would be reading well above 14.7, most likely, showing an abnormally high Air to Fuel ratio.
We are dealing with a gas and not a liquid and we are dealing with exhaust pulses, not a constant supply. Therefore, outside air is easily pulled into the system and often screws up tuning of a closed loop f.i. system as the actual a/f in the combustion chamber ends up on the rich side because the tuner was fooled by the leaner than reality a/f's being displayed. We are dealing with an open loop system so we make the car richer than it should be instead of the car's computer doing it. As I stated above, this problem is worse at lower rpm because the exhaust pulses are not emulating a steady stream with more constant pressure.
But never mind, it does not matter whether you understand how it works. As long as you don't have exhaust leaks before the sensor and the sensor is not close to the end of the outlet, all is good.
I will mention, however, that on a carbureted car that 14.7-1, which is the stochiometric ratio, is usually too lean due to poor atomization of the fuel into the air stream and that somewhere around 13.0 to 14.1-1 usually provides a much more stable idle (the bigger the cam, the richer the required idle a/f) whereas about 14.2 is usually pretty close at cruise.
On a sequential port injection set up, 14.7 is the stochiometric ratio for the most complete, cleanest burn, but many of us have found that something higher than 15 may give the best gas mileage. Carbs simply do not mix the fuel and air as well and end up needing richer numbers
I guess it is obvious that all the numbers above apply to idle or cruise and not wide open throttle which will be closer to 12-1 depending on what makes the most power without detonation