What ADS file are you using for the ALDL stream? Sounds like there might be a problem with the one you have.
You can download one off
www.nwstp.com on the left menu bar. (or in my signature) That one should be correct and the one Jeff and I maintain.
The Target AFR when not using a WBo2 patch will say 14.7 AFR when cruising and when in PE mode (WOT) it will say 12.0. The PE AFR vs RPM (F61) table in the chip is what controlls this field when in PE. When cruising the Constant Stoich. AFR controls the 14.7 you see in the target AFR. You can adjust this to run higher or lower.
If you are using a WBo2 with a patch on your BIN then the target AFR will display the actual AFr you are running and change all the time in real time.