Your ECM doesn't know what your timing is set to (there's no feedback to it) so, It'll just run thinking it's at 0*. GM tuned these engines conservatively and it probably won't even see KCs with only 2*BTDC but, if it does, as mentioned above, it'll pull timing until it doesn't see KCs. Then you'll be a couple degrees retarded until the timing reduction decays back to normal. Really, it s/b set @ 0* and then get the EPROM tuned for better performance/MPGs etc.