Lawson
The fake out of the cruise control with the 555 is a nice idea. I was thinking of getting a vacuume servo out of a junk yard's cruise control, and making a control circuit for it as an alternative to the solinoid. A throttle lock verses an adjustable throttle servo is the real decision to make.
If you want the best of both, I suggest you look at what Rick Reese did. He has a cruise control, and a mechanical idle adjuster. He sets the idle for maintaing the throttle at say 100MPG, and the cruise control for say 50MPH. come to a hill and the cruise control maintains the speed, over the hill, and the idle screw sets the throttle minimum. With PIMA, he can have the electric kick in just as the cruise ask for more power. The lower gas engine load should improve MPG, as the cruise control set speed is held with the electric priority PIMA as the primary power source. The PIMA also charges on the down hills automatically to maintain charge if he hasthe setpoints balanced correctly. Rick will be using his insight for the last few commutes to his old job, so we can have some good comparisons with the pre-MIMA data.
With your 555 VSS substitute, you may be able to autoswitch the real VSS with the fake VSS when the map signal shows increased engine load, and accomplish what Rick has with out the need for the mechanical device?
Worth a try. Be carefull interfacing with the MAP signal, as you will not want to alter it in any way as it determines fuel mixture and emissions.