I think you're stressing over something that is insignificant.
What he said.
Look, you are probably over analyzing this. Way over the top. Hydrocarbon + Oxygen = Carbon Dioxide and HOT WATER which is STEAM! This will be most noticeable on cold mornings until the engine and exhaust warm up. Now if the smoke is blue I would be concerned.
As I, and others, have said, the idle is normal on a 22r/re. My balanced 22RE misses on occasion, always has. I can see it with the timing light. Inline-4 engines are
inherently unbalanced. I repeat, inline-4 engines are
inherently unbalanced. The larger the displacement, the harder they are to balance (Think 3RZ, see
this). Toss in decades old wiring and electronics and your expectation of a super smooth idle is unrealistic. You want a super smooth running engine get an inline-6.
Good gawd man, drive the damn thing. Then report back. And don't tell us the 22RE is a slug, we already know that.
Oh, and to follow through a bit with what I said above. I have an inline-6 engine in my FJ40. It's a fuel injected 2F (2FE or 3FE stroker, what ever you want to call it), balanced to zero. It uses basically the same technology as the 22re ... and it MISSES at idle!