does anyone know if dwell/tach meter can be hooked up while in water at wot?
The only way to verify the tach reading is to use a known accurate tach for comparison. Is the dwell/tach known to be accurate?
Seriously, if they read the same thru the RPM range, it is likely that both are accurate. if the readings diverge, one obviously is not accurate.
You may need to hook up some longer leads to make it reach your console so you can watch them safely. Zip tie wires to something solid and out of the way of hot/ moving parts .Some wire and a couple 'gator clips should do the trick .