This is actually an LS1 as far as the MS is concerned (LS1 sensors right?).
Either way, check our composite log, the red line I think is sync. Flat = sync, bumps in the red line = sync loss (as I understand it). Now, the
wrong settings can cause sync loss so dont get discouraged yet.
For example, my Vortec 350 I connected properly and randomly chose "LS1" for settings, and had horrible sync loss since the events werent happening as "LS1" is told too.
I personally do not know if the signals you have in the log are right so cant comment.
So, on a normal working log you might see a bunch of sync loss until the 2nd sensor aligns with the first sensor and the code determines sync.. then the red line will become flat and you will see sync.
This is the way I understand it anyway.
You can also put a new gauge to show as a Sync Loss Counter like I did:
1) right click on Gauge Cluster in TS, choose "DESIGNER MODE"
2) Right click the Dashboard/gauge cluster area again and choose "New/Add Gauge"
3) Right click the new gauge and Choose "Calculation 2" then "LostSyncCounter"
4) Move and resize the gauge then right lick again unclick
Then, go back out and reconnect, dont use composite logger this time.. just make sure TPS and sensors are working with key on.. and crank it you will see SYNC LOSS count jump up for every sync loss event.
This will confirm sync loss.
My LT1 Optispark had massive sync loss in sequential mode.. and none in batch fire.
My 97 GM Vortec 350 has no sync loss in sequential first try. Phew.
BTW, do you want some nice LT1 parts? Fully forged 383 short block, 6 speed trans conversion kit, McLeod twin disk clutch?

These things and more are for sale.