Randy is right. Location makes a HUGE difference in readings. Even the height of the sensor in the pipe will affect the reading. Try to get the probe as close to the center as possible.
Run it and take readings. Write it down. Make changes and take readings, write it down. Get it? Each engine is different.
Don't be scared. I've seen 1480 on my flathead...............................but the entire engine was smoking after that race, and it still runs!