Well, I have a a confession to make. I recently loosened my T-Bars. And loosened them by several turns.
Well there you go. I think my post #15 above covers your problem.
The weight of your truck is supported by the combination of the springs/TBs and the oil pressure in the AHC. If you reduce the tension in the TBs, you are just increasing the required oil pressure in the AHC to lift the front to the correct height, as defined by the height control sensors. At the same time, increasing the oil pressure means that the gas in the Damping Force Control Actuator spheres is going to be more compressed, and therefore you will have less travel left to absorb bumps.
On any big bumps you will get a nice soft suspension response, right up until the spheres are full of oil, which will happen much sooner than normal. Then you will get a hard thump in the arse, and it is likely that the over-pressure valve will be activated in the AHC, bleeding oil pressure back into the reservoir.
Reducing the TB tension doesn't actually change the damping of course. It just changes the force required to twist the TB for it rest position when a bump is encountered.
Tightening up the TBs so as to just fix the problem of the high position light going out will not fix the above issue with the AHC. You will be running a higher oil pressure than the pump was designed to work with, and you will wear it out sooner. It is an expensive part. You will get the harsh response on larger bumps, and you will be activating the over pressure valve each time. The transient peak oil pressure caused by completely filling the actuator spheres will not be doing any good to your AHC.
If you plan to keep the truck for the long term, you should adjust the TBs so that the AHC is within the specified range in the FSM, or you will be doing damage to components. Set the damping force control switch to "Comfort" for a cushy ride. If that isn't good enough for you, find some thinner oil to use, or get someone to modify the valving in the Damping Force Control Actuators. Note that the make up of the oil used in the AHC is very specific, so you will need expert advice to find a replacement oil. Try asking Keith at B&B Suspensions.
Given what you have said, I doubt that the codes will help you at all. In fact I doubt that there will be any codes to read, unless the system detected that it couldn't lock in the AHC at the high position, and you already know that.