No. It's the programmed idle speed that the computer is trying to achieve by adjusting the IAC.
So, for example, the computer wants 650 rpm, but the engine is actually running at 725; you can expect problems with the IAC, the IAC wire harness, a faulty ECM, or there's an air leak that's beyond the ability of the IAC to compensate for. You'd be looking at the IAC counts to see if the computer is trying to adjust the speed.
But if the computer wants 650, and the engine is actually running at 650, and the IAC counts are reasonable, it's likely that the whole speed-control system is Okee-Dokee.
So, for example, the computer wants 650 rpm, but the engine is actually running at 725; you can expect problems with the IAC, the IAC wire harness, a faulty ECM, or there's an air leak that's beyond the ability of the IAC to compensate for. You'd be looking at the IAC counts to see if the computer is trying to adjust the speed.
But if the computer wants 650, and the engine is actually running at 650, and the IAC counts are reasonable, it's likely that the whole speed-control system is Okee-Dokee.