Hi Danny,
Thank you for your kind words. It sounds like you are interpreting CFI and friendly correctly (with a grain of salt). I would say that the guidelines in SEM are reasonable for IRT models as well in so far as they are both only approximations and should be hedged in the state of the empirical paradigm.
That's a vague answer, I know, but I generally don't commend over-interpreting goodness-of-fit statistics; models can still be quite useful, even if the fit is only approximate for the data, so I would still find and IRT model with a CFI ~ .85-.90 useful but has room for improvement. HTH.