I agree with most, but the one quoted above. If the "recirculate inside air" is turned on, then there isnt much warm air to mix in. The benefit with having the thermostat NOT at full cold is that the compressor does not "kick in" as often as if the thermostat was in full cold.
Does that make sense?
It seems that the lowest setting is 61 or 62. I leave mine at 67. Maybe even 70 during the night.