Would the same equipment be involved in making a chip for my 89 Camaro and another car with the OBD II system? Would the cable be the only difference? I might invest in some of this stuff if I can use it on my Z24 or another newer car I might come by...

 

ODB2 is non "burnable" You have to buy the little hand held programer thing.

Yours has a removable chip.

 

Actually, the OBD2 is "flashable", meaning they can be "hot" reprogrammed. With out having to be removed.

 

Do I do that with a computer/laptop?

 

possible? Yes, as it still goes throug the Diag port. Just finding the program source code.