Absolutely can. In fact, if you had a leak allowing O2 in upstream of the WBO2, the computer would read that as lean no matter how much fuel it dumped trying to compensate. Or, if you were so rich it misfired, oxygen gets through without burning and that makes it look lean.
I'm stimied. Really thought it'd be one or the other. Have you ever datalogged voltage when revving? Just curious.
Another thing bugging me is the fact that you're getting an increase in pressure when the car is running. How can that be? The regulator doesn't care about voltage. More fuel is being used. A restriction on the backside doesn't just show up suddenly because the engine is running, and if it did, then what causes the drop?
I don't remember doing a rev test with my vacuum disconnected. So, just wondered what I'd see. Then I plugged it back in and did it again while filming the gauge:
Tap to view!
photos.app.goo.gl
Never used google to host. Lemme know if there's any issue or barrier to watch, please. I wish I had also tested the KOEO pressure. I'll take a look next time I remember and am with the car.
Edit:
Is the sound jacked up? First time merging vids with google photos & hosting here. but basically it stays steady as a rock with vacuum unplugged. Then, in the 2nd part with vacuum plugged back in, it idles at 32-34 and jumps right to 40ish with quick tip-in. 2nd time, it bobbles slightly lower after letting off and quickly recovers back to 32 or so.