[thstone]

A new clutch can tend to engage lower on the pedal stroke but that it not necessarily always the case and is not a good indicator of clutch health.

Most important is whether the clutch slips at all under load. If yes, then its worn out and ready for replacement. If not, then its still "good" and drive it. (This assumes that there are no other apparrent problems like chatter upon engagement, clutch pedal pulsating, etc).