It is very interesting the critical nature of the TPS baseline with the throttle plate COMPLETELY closed (including releasing all screws, connections and the high idle system as well as cleaning the throttle plate in the bore), and that 156 mV is the actual measure.
I would consider this Step One.
@ggo: No, your PCIII won't read or adjust the CO trim, which is often set "~minus 30" from the factory.
My thinking: CO trim is Step Two.
Bleed screw settings are from the closed position. Mine get quite sooty and benefit from a cleaning of the screw tips and their receptacles (every valve adjustment?) Here, I may disagree with Meinolf and Kiwi_Roy, but if the screws are going to bleed air, shouldn't that be taken into consideration in the final AFR and synchronization?
Absolutely agreed that, once all the baselines are set (TPS, CO, valves, careful synchronization) that the idle can go where you like. Some like a low, grumpy idle (shows off the cam!), while I like mine up a bit; seems much more stable in the higher ambient temps in my region (>90ºF/32ºC).