Knock sensors are accelerometers. They are contantly putting out a nasty waveform, but the spikes become much larger when knock occurs. You may not have to worry about it. From my limited reading on the subject:
GM for a long time in the mid 80's through early 90's made external knock sensor modules that took the raw signal from the knock sensor, filtered and conditioned it, then set the ECU what basically amounted to a digital signal for Knock/No Knock. You can get one from a junkyard for $10. The olny problem with this is that different knock sensors have different natural frequencies just as different engines will have different natural frequencies when they knock. So, either you would need to determine the natural frequency of your engine (I'm not sure how to do this other than strapping an accelerometer on it and tappping it with a hammer, but I'm sure there are more exact ways), or by finding a GM car that is a 4cyl with as small a bore as possible, as I've read that bores affect the frequency knock sensor that should be used
As you can tell, I'm not much of an EE, but if someone on your team is sharp with electronics, they could back-engineer from the GM module what kind of filtration is done. It looks to be almost all hardware filtered, however the ECU steps the ignition differently under different conditions (ie, if knock is sensed at the same time as rapid delta TPS, a stock ecu will be under the impression that you are doing a very hard acceleration and will be a little more dramatic to protect the engine, whereas if you are cruising and one or two knocks are sensed, timing adjustment will be a little more gradual. I think it also counts knocks between fueling calculations, and figures the more counts=more timing adjustment needed. All these aren't "filtering" though)
For the reasons mentioned aboe the MSD setup probably wouldn't work for you anyways, since they are probably using large V8 style knock sensors.
To do it right yourself, determine the natural frequency of your engine (use an accelerometer and either tap the block, or purposely induce knock (be carefull with that one!!)). then find either a true knock sensor or a rugged accelerometer with the same natural frequency as your engine, and find an EE guru to filter it accordingly. OR just try a GM setup from a 4 cyl and see if it works!!
Andy