When I was looking for a 16v'er, I was put off buying one because it had a poor idle, but now I know more about it, I wouldn't let it put me off in future (so long as the rest of the car was good).
The k-jet system is very simple as Diamond Hell said, in that its all mechanical, but there are
many, many possibilities that could contribute to a hunting idle. In other words the diagnosis will take time, not money, e.g. you'll probably be searching for a tiny vac leak, rather than having to buy a new part.
There are
loads of posts on poor idle, so you can use the search function for that, but heres a recent one where I compiled a massive (but not exhaustive) list of possible causes (as you can tell, I've sufered with this problem too!!):
http://www.golfgtiforum.co.uk/index.php?topic=71501.msg569972#msg569972You mention that the guy said that it goes away when the engine is warm?? That suggests something a little different to the usual idle problem (which usually occurs no matter what temperature the engine). At a guess I would suggest it could be a faulty temp sender (cheap fix), or the cold start valve not operating properly, or the warm up regulator.
Overall, if you really like the car, I would say its worth a test drive. You can always come back to the forum with more detail on what the engine does exactley.
PS... Remember to ask him not to warm it up before you get there so you can see what happens on a cold start.
PPS... You might know all this stuff already, but check this buying guide out - helped me a lot:
http://www.matey-matey.com/golf_buying_guide.shtml