It won't change maps (boost), but I was under the impression it used the real-time reading to dial in timing advance. If that's not the case, you're just installing gear for the convenience of seeing it displayed, which doesn't seem worthwhile.
To add to the mystery, at one point I noticed my logs were displaying E85 numbers right around my mix, without a fuel-it kit, and when I asked about it I was told the number is meaningless with no sensor.
But I've also seen older BMS posts saying that in the absence of a fuel-it signal, the JB4 will estimate ethanol content from the O2 sensors (since E85 stoich is about 10:1). And when I looked at my old logs, I saw values of 5, 8, 12 when I was running regular gas ("E10"), and my first tank of "E30" I started seeing logs with 25, 29, 32.
So hopefully one of our gurus can confirm whether the JB4 feeds the ethanol content into its own tuning, and if so whether it'll use estimates from O2 sensors/"
fuel wires" as well.