Although clean and lite lube the icv wont hurt any.
How many miles on current cam belt kit? Just to sure...?
About 8000 miles (May 2009) - Gates Kit
Thats fine then. 
Whoa there

The shrieking is a warning that something is amiss. Just because most cambelt followers last 40k+ miles without problem isn't a guarantee that
this one one of these three isn't suffering premature failure.
If it was my car I would spend a morning checking the usual (& not so usual) suspects
Aux belt off & check that tensioner, a/c compressor, alternator, water pump and power steering pump all turn smoothly.
Sticky starter motor?
Radiator fan?, heater fan? Self levelling compressor?
If nothing obvious I would go a step further and remove the cambelt to check that the tensioners all still turn smoothly (having attached the cam/crank locking kit first of course........)