Thanks for the help!
I really appreciate all of the suggestions. I admire those of you that are proficient in computer based performance enhancement. At this stage of my life cycle I have already accepted that there are certain things I will never fully comprehend with the above at the top of the list, followed by women, how to cut reverse angles in crown molding, and true left wing Democrats.
Brian, I checked my O2 bypass sensor and it does not plug into the PCIII. I presume it is the old style design with the small black box with the flashing green light and cord. Looking at the new one the size has been reduced and the the cord eliminated with a direct plug in. HB and I installed the system in July of 2006 when the bike had 2300 miles on it. The PC has been going strong for almost three years and 15000 miles so I am very satisfied.
I think I have reached a tentative course of action for now. First, I checked the Triumph site under recalls and my bike is listed. I know it is for the updated tune so I will take it in, making sure they reinstall the stock Triumph based tune for the PC. Second, a new PCIII O2 bypass sesnor. For $15.00, even if the old one is still good it will free up some room under the side cover. Third, install the pod filters and book time for a dyno tune. The old PCIII system is who I brought to the dance so I am going to stick with it for awhile longer. However, I sure would like to hear some more about those "mild cams" from a couple of midwestern Captains. Those in conjunction with a TB could be one nice future project after my stock market investments come through.