I use the Factory Measurements because, well, that's what Will suggested...as to the age of the display, I don't know. Best bet would be to test and see what your display/puck combo does the best with. I'm using an i1Pro for measurements.
As for the output luminosity, yes, that all depends on your viewing environment. 140 is what I consider standard...but in my main working area, I actually run my displays at 160. YMMV....again, best to test it for yourself.