We-ell, I can only speak for myself and what I have personally encountered. The computer? system that I removed from my personal 1985 Monte Carlo SS, 4 Barrel Q-Jet, TH200-R4 was essentially a burned out crispy critter when I pulled it out from behind the passenger side kick panel. The power wires for it had been detached down at the solenoid because they were totally fried. There was no evidence of an O-2 sensor or its corpse, in the exhaust pipe, or the remains of a wiring harness that could have been for it hanging anywhere. Of course the cat was long gone so it might have gone along with it at the hands of whichever previous owner did that edit job.
When I did the research for that Q-Jet, I was informed that, as originally delivered, the carb that came with the car supposedly had had some type of electronic control attached to it and that the distributor advance was also slaved to this device. Mis-information is, of course, always possible but I do know that I had a miserable time getting the distributor that came with the car to work with the Q-Jet that was on the motor. If I set it correctly for retard so it would start and idle, the rest of the advance curve would suck. Any tweaks to the idle timing to get more response and it would diesel. It is perfectly possible that what came with the car was not the factory original carb; Hey, 25 plus years consisting of various owners during that time before it came into my hands; things tend to wear out and get replaced with what is available, not necessarily what is politically or mechanically correct. In any event, that carb is now a paper weight and the distributor is on the bench awaiting dismantling and disposal. I have other older versions that I can plug in as replacements. And I did also get rid of that "x-mas tree" multiple tube vacuum switch that had been screwed into the thermostat housing because most of the vacuum lines that used to have been attached to it had disappeared as well.
Oh, yeah, computer system is a misnomer. I did take a moment to do an autopsy on the remains of that so-called computer and it was nothing more than a couple of boards with a few circuits on them. No recognizable memory chips and nothing that looked like a processor or cpu. Most of what was in there looked like it had been submerged in mild acid for a decade or so. OBD I is a term I am given to understand applies to the first generation of on board computers. There was a socket attached to the dash that was harnessed to the plugs for the computer, which I take to mean that a reader could be used to pull codes? My Bosch/OTC OBDII scanner has a subroutine loaded to it for OBDI but it has never been accessed, never mind run.
All the above is simply by way of preface. My point, above, and now, is simply that there are a lot of options available. The initiator of this thread doesn't have to stick to what came from the factory 35 years ago unless he is faced with some compelling legal reason to do so. If not, then his options are limited either by what he wants to end up with in terms of how his vehicle performs, or by what his pocket book allows him to do, or a combination of both.
Nick