Hi James,
You assume correctly, you need to average the products of each user and item pair (omitting the first ones to allow for burn in period).
If there are M users and N items there are M*N*t products to average (where t is the number of iterations you run minus the burn in period).
Are you looking for the top K products? or products over a test set? if so, you can use the --test=filename command line argument.
If you are looking for the top K products you will need to compute them youself,
Let us know if this is clearer.