I believe not. Pin 54 WOT AC Cutout in not detailed on the Engine Control sheets of the EVTM, for either the 3.0 or 3.2. Which leads me to believe it has nothing to do with the running of the engine. It only controls the activation of the AC clutch, nothing more.
Do you have a good digital Volt Ohm Meter? If yes, set it to read 12 volts DC, clamp the DVOM's black lead to the negative post of the battery. The next part involves looking for 12 volts at just one of the injectors. I taped up all but the first and last 1/4" of an icepick and used the point to pierce the insulation of the red wire of any injector. With the Ignition key in the run position, you should have 12 volts on all red wires. If you find it on one, more than likely you have it on all since all read wires are spliced together.
After you have determined that your injectors are getting 12 volts from the ignition switch, you need to determine if they are getting "ground" pulses from the PCM. For this you need a wink light or noid light. It is an incandescent or LED light that hardly uses any current (or ground) to light up. One end of the Noid attaches to the Positive side of the battery and the other end attaches to your taped up ice pick, only this time, while someone is cranking over the engine, you will pierce the non-red wire of any injector. If the inject is being told to fire by the PCM, the Noid will flash. If the PCM is not sending the ground pulses, the Noid will not light.
I've seen old stuck injectors freed up by intermittent "grounds" fed by a test light point.
Tom