another thing to bring into this, what about "washing the cylinders" if you let it idle too much? i have heard that unburned fuel at idle will start to mix with the engine oil and "wash the cylinders" and that is NOT a good thing.
all the newer dump trucks where i work will automatically idle up if it sits for awhile at low idle. even the newer diesel crewcab 350's idel up after it sits at low idle for awhile.
bottom line, diesels are made to run. my dealer told me that a diesel is very "happy" running wide open. however, low idle is not good. a higher idle is fine, but increased fuel costs, and that many more engine revoultions and hours on your $$$$ equipment.
my equipment gets idled a bit, especially on warm up and when running my 3ph winch, but it is a higher idle-1300-1500 rpms. also when splitting wood with 3ph splitter i run it at 2000 rpms. but these are necessary to have the engine running. if you are doing the mulch work all day long back and forth, i would shut it off just to save fuel and hours on tractor. if you are only doing it for a couple of hours, then a high idle is ok.
i have taken the spark arrestor out of my kubota rtv900 multiple times and every time it was sooted shut (has the internal muffler screen type). the manuel said to clean it every 100 hours. i would check it at the 50hr mark and it was sooted shut. that can't be good for it to be back building into the engine. i even checked it one time after 15 hours after i cleaned it and it was sooted shut. so i cut the spark arrestor out. the rtv did get some idle time, so i have started to limit that and run higher rpms. i know the tractor probably doesn't have a spark arrestor, but that is the same type of soot build up you could get at low idle.
long story short, if you don't mind the little bit of extra fuel cost and hours on the tractor, high idle it. if you like to save fuel costs (diesel is getting higher) shut it down. starters aren't that much and i haven't replaced one yet. no matter how you look at it, things on equipment ARE going to wear and need maintenance.