I was just playing around with it again and took it for another drive. I can hear a very distinct whistling sound up to about 2k rpms.
I am hardly a mechanic, and correct me if I'm wrong, but wouldn't a leaking valve lead to overall poor performance? Would it be possible that it would only affect the idling.
Since I saw all the smoke coming out from underneath the intake manifold I feel like I should get the new gaskets pull it off and see if anything is going on that I can't see from above. I've been all over the net trying to find answers. Similar symptoms on same model cars have all said the IAC or a vacuum leak. After taking off the IAC and seeing it was working, I guess I'm forced to look over the vacuum system and look for leaks before moving on.