Scott,
I would get the XFI pulling fuel ASAP. Here's my reasoning:
Since the O2 is reactionary, your motor has already been lean before the computer has added 7% fuel to reach 11.5. If it's pulling -7% then it would mean the opposite and your reducing the amount of fuel to get to 11.5. 7% shouldn't be a huge deal but, as I'm sure you know, going lean breaks stuff quick at your power level.
So in your example I'd probably make a bigger jump and add ~10-12% in the appropriate cells. Then continue making passes and tuning, in smaller adjustments, to zero by pullng fuel.
You would adjust the A/F table when you want to change the targeted A/F. Idle, cruise, spool-up, WOT can all be tweaked. 11.5 at WOT is probably about right once tuned, I would try slightly different A/F's and see how your car responds. I usually start around 10.8-11.0.
What's your timing set at the higher boost/rpm levels? Starting with low timing would give you an extra margin of safety while getting the fueling tweaked in.
Are you starting from scratch or did you get a base tune from someone?