Using torque sensor to simulate dyno
Does this work on an m6 btw?
I know it can't be 100% accurate but itd be a fun thing to toy with.
Delivered Torque but it's only as good as the data it gets,
and some of that data is what you'd want to be messing
with (AFR, advance) or correcting (MAF, VE -> SD airflow
values).
You can get numbers, just don't place a whole lot of
belief in them (though they may be reasonably close).
The only issue is, for that to work the ECM needs to be able to properly know the actual airflow going into the engine. If the ECM has not been tuned properly, the results will not correlate. Good luck! 

