I usually have it set on 2.0 and thats it no color filters unless its very overcast or foggy. Il have a play with it when we get back to shooting now in the New Year.
Ron, 2 sounds awfully large, I usually have mine set on 1.0 thru 1.2 but noarmally closer to 1.0.
The Anschutz fixed irises are usually either 1.1 or 1.2, 1.2 being the more common of the two.
To find a start point try shooting a number of groups (5 shots should be good enough) at your usual target, that is a few groups on each sight setting. Start at say 1.5 and get smaller each time, noting the group size. You should see the groups get smaller with each setting until eventually they will start to open up again, at the point where the groups are their smallest is where you should be setting your rear sight. you probably won't feel that it is right and it may seem a little dark but it should work for you. Be sure to keep your eye at a constant distance from the rear sight, somewhere between 50mm and 75mm - whatever you feel comfortable with but don't crowd the sight. Altering the distance from your eye to the sight has the same effect as altering the size of the iris. Understand that the iris is essentially a focusing device and you should get best clarity (focus) on you forsight. With practice you will learn to judge where the best setting for the conditions you are shooting in is.
Now for the Polariser, with mine I can move it to the first click or detent, or all the way. As I said I'm not an expert on these things but I guess you would be looking for the sharpest sight picture particularly on the target. When there is no wind I understand that mirrage tends to make the target appear higher than it actually is so you shots print high, this because the light is being refracted through the different densities of air as it rises, caused by the uneven heating of the air, and the light from the image (target) you are looking at becomes scattered in the process making it look blurred. The polariser tends to block out the scattered light, just like trying to look into water with all those reflections and then put on a set of polaroid sunnys and hey presto, you can see whats actually in the water, the effecs of the scattered light which makes up the reflections is overcome by the polarising effect of the sunnys. As I said I am no expert and that is my understanding of things.
Hope this helps and good luck with you testing.