IIRC, a 292 with 4 bbl and FOM should idle at 450, per the 1956 car service manual.
Mine has a bigger cam with more overlap, and i can get it to idle around 500 to 550.
Both of those are with the car in gear.
Not sure if its different for later years/trucks. No mention of color dependencies in the manual either!
Ron Grove
Wauconda, IL