You should surf around and look at some example AFR maps from various cars. You'll see that at cruise, you might be able to get away with up 17:1 and even higher sometimes. For the most power, yes tuning near 14.7 is the best, but generally that's for WOT tuning. You want to keep your WOT tune probably somewhere just shy of 14 to prevent any accidental lean detonation. You'll see some tuning guides that say something like 12:1, but I think that's generally for turbo applications. You're safer to go a bit leaner up in the higher RPMs. I think Cygnus might have some AFR maps around for his Megasquirtted A20 setup you could look at. Remember when you see a dyno, that's always for WOT.
Lean it out for low-rpm, low load situations, and richen it up towards the top end just for safety.
EDIT: Here I found one of Cy's maps. kPa being how much load you're putting on the engine, basically how much gas you're giving it...

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