From the Holden VT/VX Service Manual for your future information:
The purpose of the Idle Air Control (IAC) valve, is to control engine idle speed, and prevent stalls due to changes in engine load at idle.
The IAC valve, mounted in the throttle body, controls bypass air around the throttle valve. By extending the pintle (to decrease air flow) or
retracting the pintle (to increase air flow), a controlled amount of air can move around the throttle valve. If RPM is too low, more air is
bypassed around the throttle valve to increase RPM.
If RPM is too high, less air is bypassed around the throttle valve to decrease RPM.
The IAC Valve moves in small steps numbered from 0 (extended pintle, bypass air passage fully shut) to 255 (retracted pintle, maximum bypass
airflow) as commanded by the PCM.
At idle, the desired position of the IAC valve is calculated by the PCM based on coolant temperature, actual engine RPM, engine load, and
battery voltage.
If the IAC Valve is disconnected or reconnected with the engine running, the PCM can "lose track" of the actual position of the IAC. This also happens when PCM's keep alive memory voltage, i.e., PCM connectors, ENGINE fuse F31, or battery cables, are disconnected. If this happens, the PCM will "reset" the IAC. After the engine has been run for at least 5 seconds, then upon ignition "OFF" the IAC will be reset.
The "reset" procedure is as follows:
The PCM commands the IAC to shut the idle air passageway in the throttle body. It does so by issuing enough "extend" pulses to move the IAC
pintle fully shut in the bore, regardless of where the actual position was. Then, the PCM calculates the IAC is at a fully shut position, and calls that position "0 steps."
Next, the PCM issues "retract" steps to properly position the pintle.
The IAC can also be reset with the engine running by a special command on the Tech 2 scan tool.
The IAC valve affects only the idle RPM of the engine. If it is open fully, too much air will be allowed into the manifold and idle speed will be too
high. If it is stuck closed, too little air will be allowed into the intake manifold, and idle speed will be too low.