As you know, ALDL is basically just serial.
All the modules from VN-VZ for SRS, Airbag, Cluster etc all communicate with ALDL which is the old school CLASS-2 (GM-LAN) Network. The later models like VE use a single wire low speed CAN communications for GMLAN.
If the cable can do ALDL then its fine. But the ELM327 etc ive used dont. Most ALDL cables are just a USB to Serial with a transistor.
Dont forget the ELM type cases you can buy
Daily Ute - 2009 Holden VE SSV Ute Single Turbo (IQ, E3 Cluster, EDI) - 586rwhp
Drag Ute - 2002 Holden VU SS Twin Turbo - 1010rwhp [SOLD]
All VE Module reprogramming. Remote programming with flash boxhttp://www.facebook.com/jsbperformance