Torque Pro says it supports USB on Honeycomb or newer so there is a chance it will work. Let us know your results and I'll put it in the first post.
Finally got around to trying it and it worked!
You'd better check the OBD2 manufacturer's info to make sure they have driver/android app for it that supports USB OTG (you will also have to provide power to the OTG adapter) . My understanding (from friends & mechanics) is that most OBD2's with ...
This may help someone else. I was failing at installing this ROM from CWM Recovery 22.214.171.124 but succeeded when I "downgraded" it to 126.96.36.199