1964 Ford 2000 tractor throttle/governor issue PT 2

Folks I think Im getting down to my governor/throttle problem but of course had to order parts (governor compensator spring assembly).
New question is as Im going through service manual it states set idle speed to 450-475 RPMs. However mine currently idles at 650-800 rpm. I assume I could tinker with the throttle rod and extend it out more but do I need to? how important is it to idle at 450-475 rpms and or with idle being higher than recommended other than burning gas what other problems may this cause?
 

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