Shutting off the injectors isn't running lean. It's running no fuel at all. No mixture is being burned. What you're seeing is DFCO, for Decel Fuel Cut Off. Honda implemented this as early as 1988, as soon as they started putting computers in cars.
When you let off the throttle above 1000 RPM, the injectors stay shut. The road pushing on your wheels, through the axles, through the transmission and clutch, pushes the crank and keeps the engine running. This has a very small benefit to mpg unless you can really exploit it on long downhill coasts. Mostly it's done to increase engine braking, decrease emissions and extend engine life. Squirting fuel into the combustion chamber when it's not needed causes it to run rich and this washes the oil off the combustion chamber walls increasing friction with the piston rings and poor sealing for blowby gasses to escape by.
Being that your engine is VTEC-E, I'm sure it has a version of lean burn probably comparable to the CA version VX. There are emissions restrictions and the lack of a wideband limiting how lean the calibration can go.
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Civic VX, D15Z7, 5 Speed LSD, AEM EMS, AEM UEGO, AEM Twin Fire, Distributor-less, Waste Spark
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