The high idle is normal when cold..
Ive seen neat and good kept condition 4AGE's
when you start it on a cold day it would start at anywhere between 2k-3k then drop down lower and lower.
about it idling at 1.5K.. mines doing that now if i have the ports open at the throttle body. if i close it by looping it.. it drops down to 900RPM. check the lines from the airbox to the tb.
yeah it does use the idle adjusting screw.
so play around with that