Rick - we try to provide authoritative information configuration when we're positive about it, but we will sometimes omit such information when we can't easily find a clear documented source. For the lighspeeds, from past customer feedback on the forum, it looks like 2 pulses/rev is the answer per http://www.lightspeedengineering.com/Manuals/InputDiagram.htm. Lightspeed may be able to provide a more authoritative answer here though.
Antonio - So first, let's make sure that we're talking about the same thing. Which ignition device is providing the spark when you are getting a valid reading? I think you're saying that you select the R side, which shuts off the conventional magneto, you don't get an RPM reading from the LSE, which is providing the spark. If this is the case - what wire are you going to on the LSE? You should be going to the pulsed output, which is pin 6 on the input connector. See http://www.lightspeedengineering.com/Manuals/InputDiagram.htm