Let me share a few things I've seen with my Stang
I don't claim to understand it all

but
There is something about the chamber design on E7 heads
When you combine them with lean fuel/high spark GT pcm tables
It just makes the ping thing be prevalent
I did up some self ported E7's
I laid back the chamber slightly
and
Polished up the entire chamber
I ran 18 at the dizzy with 93 grade gas ... no ping
Later with a Tweecer ... I ran 36 total with 93 grade gas ... no ping
My point is ... the untouched E7 chamber can be ping prone
GT40's may not be as bad as E7's
Be thankful you are working with a Cobra pcm :Word:
as it gives you a bit more fuel & less spark
You will just have to play with it and see what it likes
but
Without pcm access ... you are gonna have no way to deal with very high
mid load spark table values and that is where you can sometimes get into
trouble with dizzy twisting.
Grady