Yes. You will need to un-check the box for O2 Sensor fitted.
Just curious, why did you remove the O2 sensor? From a series of email exchanges with Wayne, he advised me to leave it connected. His contention was that the O2 sensor only comes into play during closed loop running which really amounts to just cruising down the road. When you go into open loop, pretty much any time you whack the throttle open, the ECM bypasses the O2 sensor info and runs off the map loaded.