I'm thinking that if these events are below 1ms (looks like on EFI typical pulse width is around 0.3-0.4ms) it may be hard to see a noid light flashing that fast although it may still be possible (you can see down to 5ms okay, but not sure as time values drop to 1/3ms flashes at idle). Using an oscilloscope would certainly be easier because you can set it for different sampling rates and it would seem pretty easy to modify an old injector connector pigtail and to add pins which allow a straight through connection while still being able to clamp onto the pigtail and monitor the injection event. I know there are also automotive DMM's that have the ability to test transient voltage pulses down in the 1ms range so that might work as well......unfortunately, I just don't have one of those yet. If you have the time to try it with the scope that would be awesome and I will try to verify the results on mine as well.
I will look a little more this afternoon, I found some pinouts for both trucks LB7/LMM. Think I'm going to try on the the 2 main engine harness connectors since it will be the easiest to get to but still need to look for sure.