I would imagine you are correct. The symptom of a throw out bearing
wearing or otherwise going into the pressure plate is a really low
pedal. When the pedal is too high, the clutch is worn out.

The middle high pedal you now have is the correct adjustment likely.

Mike
86/00 CJ7 Laredo, 33x9.5 BFG Muds, 'glass nose to tail in '00
88 Cherokee 235 BFG AT's
Canadian Off Road Trips Photos: Non members can still view!
Jan/06 http://www.imagestation.com/album/pi...?id=2115147590
(More Off Road album links at bottom of the view page)

Tqm wrote:
>
> I don't know, my 64 Polara with a max wedge 426 4spd had about the same
> setup. An interesting thing I remember is about 5 years ago on an on-ramp I
> remember pushing my clutch in and it wouldn't completely release the clutch.
> I had to pump the clutch peddle a few times to get it to work. When I got
> home I bled the system and got the feel back to the clutch. (You can
> probably do a search on google on newsgroup and find the old post). I'm
> wondering if it didn't actually spin out then, but finally now just worked
> it's way through the fork from the repeated pressure. Who knows... I just
> remember it was really strange when that happened.
>
> "L.W. ("ßill") ------ III" <----------@***.net> wrote in message
> news:43CEBF2D.FEBD5F12@***.net...
> > Rotated and fell though. I've never seen that be for. I wonder if
> > the mickey mouse clips were ever attached, although if the bearing were
> > bad it would break them. Too bad it's not designed like a Real Jeep, or
> > muscle car of the fifties
> > God Bless America, Bill O|||||||O
> > mailto:-------------------- http://www.----------.com/
> >
> > Tqm wrote:
> >>
> >> I've attached links to some photos of the bad fork from my TJ. The throw
> >> out bearing was still loose and smooth and turned with ease. However, it
> >> was really jammed into the fork. Clutch and pressure plate were fine
> >> with
> >> lots of life remaining. I replaced it all with Napa clutch kit (about
> >> $200)
> >> and a new flywheel exchange. Flushed out the tranny and transfer case
> >> and
> >> all back together now.
> >>
> >> I will say the new Napa pressure plate has a shorter engage than the
> >> factory
> >> (hope this doesn't mean it will slip or fail on the side of Mt.
> >> Rainier!).
> >> Lets say the clutch peddle full travel in total is 1 -10 with 10 being
> >> completely on the floor and 9 being where the clutch ignition switch
> >> kicks
> >> in. The factory clutch disengaged at around 7 and completely engages
> >> around
> >> 2. Now the clutch is disengage at around 4 and engages around 2 as
> >> before.
> >> A very short motion.
> >>
> >> When I first backed it up I pushed the clutch peddle to the floor and
> >> kept
> >> letting the clutch out further and further and further and I about gave
> >> up
> >> on it. For a second I thought oh crap what the heck is this! Then it
> >> grabbed and took off fine. I'll probably bleed the slave cylinder one
> >> more
> >> time to make sure there is no more air in the line.
> >>
> >> The first photo below shows the bearing spun down into the fork out 45°
> >> from
> >> where it should be. Clips probably rusted and gave out.
> >>
> >> http://home.earthlink.net/~retrojeep...tj%20fork1.jpg
> >>
> >> Can see the transmission side of the fork. You can see the slots where
> >> the
> >> clips should be. Also, the fork is wedged open. I put a straight edge
> >> on
> >> the side and it was really stretched open.
> >>
> >> http://home.earthlink.net/~retrojeep...tj%20fork2.jpg
> >>
> >> This is the clutch side of the fork right under the slave cylinder end.
> >> Because the fork was fully engaged the fly wheel ground into it.
> >>
> >> http://home.earthlink.net/~retrojeep...tj%20fork3.jpg
> >>
> >> Another view of the carnage.
> >>
> >> http://home.earthlink.net/~retrojeep...tj%20fork4.jpg
> >>
> >> "Tqm" <tqmfun@hotmail.com> wrote in message
> >> news:g_kzf.196$Dk.166@newsread3.news.pas.earthlink .net...
> >> > All factory, had my jeep since new. I'll post a pick of the fork in
> >> > the
> >> > morning. Really odd.
> >> >
> >> >
> >> > "L.W. ("ßill") ------ III" <----------@***.net> wrote in message
> >> > news:43CD860B.F1FDCF69@***.net...
> >> >> Do you think you have an aftermarket high performance pressure
> >> >> plate in it, that would require something stronger?
> >> >> God Bless America, Bill O|||||||O
> >> >> mailto:-------------------- http://www.----------.com/
> >> >>
> >> >> Tqm wrote:
> >> >>>
> >> >>> Well I have part of the job completed and the verdict is a broken
> >> >>> clutch
> >> >>> fork. Seems it folded up under the pressure. Once I get the old
> >> >>> pressure
> >> >>> plate off I'll be able to tell if there was some sort of damage to
> >> >>> the
> >> >>> pressure plate to cause the failure.
> >> >>> Tqm
> >> >
> >> >