Well, things are improving!
First, I could not get the idle RPMs down below 1300 after grounding the A & B diag. terminals, seating the IAC and disconecting the IAC cable. Just about had the idle screw fall to the floor.
So, I checked my TPS. It was set at .29 volts...way off! Reset TPS to .54 then restarted the whole procedure over again.
Long story short, I could never get the car to idle down to 450 RPM before it would stall. Lowest was about 550. But the car is alot better than before. Still a little bit rough on the idle, and doesn't hunt nearly as much. Vacuum gauge reads steady, but low, indicating late ignition timing. My timing is dead on @ 6 btc. So could be worn timing gears....dunno.
I think I'll go ahead and replace the IAC valve anyway and see what that does before I tear into the motor to replace the gear set. I'm just glad I made some progress. Thanks to everyone for their assistance.