Yeah, well I'm not a huge fan of blending. You can not EVER get the oil down to the same viscosity/density of diesel fuel so your inducing more mechanical wear and tear of fuel system compoentents(even if you have an external system your injectors are at the reciving end). That aside a HUEI system will be your best if you want to blend due to the nature of how the fuel undergoes compression for combustion.
One thing i would be sure of is if this is a OTR truck, which it seems to be, Any of the alternative fueling methods are off when it comes to density compared to no.2 fuel oil. In a nwer truck not so bad, however biodiesel MAY seep past the piston rings and start to dillute the the oil so its recommend you run analysis if your running high blends to see how you stand. Being an OTR truck i'm sure your engine takes a beating, so I would closly moniter this. Blending will be worse, becuase you still leave the crap from veggie oil in the oil(glycerine is removed during the biodiesel process, which is how its density gets very close to diesel). You still have all of that.
On the side, it seems as if you buddy is making biodiesel and not blending. That would be your best option for engine longevity but most engine manuf. now list overhaul peroids for B50 trucks and there much lower than compared to no.2 fuel oil consumption.