I don't think it can do that. First of all, the TBI ECU is pretty primitive. I also don't think the airflow calculation can be very accurate over RPM, air temp, etc. Then, you're basing the engine tuning on the exact operation of that convoluted system of vacuum valves, check valves, etc., which must vary over time and from vehicle to vehicle. The biggest problem is that you want to control AFR inside the engine and you want it to be near 14.7:1. With the air pump, your exhaust is way leaner than 14:7 and the O2 doesn't detect anything else. So when the air is pumped into the exhaust manifolds you have no idea what AFR is. You could revert to open loop whenever the diverter valve swings, but that doesn't sound like an emissions improvement.
That's why I was hypothesizing that on TBI engines, the pump is only for warmup- to get the cat hot faster. It seems like a competing goal with getting the O2 sensor hot, though, and I would think that getting to closed loop is more important than having the catalyst active.