GTPower... You are a bit off base here. What Kyne is saying is actually right.. closed loop will ALWAYS set lambda to 1, no matter what. The AFR value you set in the PCM is just telling the pcm what it takes to achieve a lambda of 1.
Considering this thread is about lean cruise, not make my car run on exotic fuels at 1 lambda using AFR numbers in the PCM.... you could trick your narrowband to look for a switch point of like 150mv to achieve some form of close loop lean cruise, although it would be a complete mess and probably wouldnt work.