I did this test on my OVP, (with the exception of the load test) and it checked out fine.
http://www.peachparts.com/shopforum/showthread.php?t=177089&highlight=testing+ovp
By cycling, i mean i can hear it come on when i hit the key, and when i pause during cranking. I figured if there is a fuel issue, shooting ether down the intake will get it to fire.
so far, ether has gotten me jack.