Hi Roger,
I think the idlespeed is mostly personal preference. Factory specs usually call for about 500 rpm.
My personal preference is an rpm that is high enough that the engine won't stall at any temperature encountered. The idle speed tends to get a bit slower under very hot stop & go traffic conditions. Other considerations with the original generator is that the idle be high enough to prevent battery discharge during prolonged idle conditions. Also, the cooling system usually works better at a somewhat faster idle. I think a lot of folks try for something like 800 rpm.
The faster idle also brings in some of the distributor's centrifugal advance which tends to promote less combustion heat rejection to the engines cooling system.
I don't know about your car, but my BN2 is set up so that the first part of choke knob travel only affects the idle speed, doesn't really apply any choke, just fast idle. This allows convenient temporary resetting idle speed to anything needed for the conditions, ie. very hot driving conditions, altitude changes, fuel quality, etc.
D