Hi Frosty.
The pinking sensor (knock sensor) is actually quite good.
It monitors all cylinders as they fire. If a detonation (pinking) is detected on any cylinder or multiple cylinders, that cylinders firing is retarded by -7 degrees. It then monitors the cylinder every 48 revs, if no pinking is detected it will advance the timing for that cylinder +1 degree every 48 revs until its back to normal timing. If however, it continues to "pink" after the 7 test cycles, that cylinder will be permanently retarded by 7 degrees until the engine is switched off.
I think I trust them!
Over to you Frosty.
Cheers, Bob RTE