You need to check it at every last bit of movement you can. It's a lot easier with an analog meter if you have one (it's easier to see the needle dip). I try to literally see every hundreth on a digital meter.
Did you ever get a TPS code for low voltage after you disconnected the TPS? If you did not, that indicates there's a wiring issue (short to VREF) or a bad TPS (the wiper is shorting to VREF). More testing is needed (if you want to get into this, we need to know how the 123 and other codes were generated [Memory codes, etc]).