The vacuum gauge should read steady. If the needle is bouncing quickly from low to high, that indicates a burned valve. If the vacuum reading is low, indicates retarded valve timing (chain stretched/worn). On a stock engine there should be close to 20" of vacuum at idle, and steady. Even 18" is OK but if it's like 10 or 14 or something, then there is a problem. Snapping the throttle should cause the needle to quickly drop to near zero then quickly go back to the base reading.
A vacuum gauge is one simple tool that will even help diagnose the modern vehicle. If the needle is steady, there isn't a bad valve (or follower, or cam lobe). Under all the electronics and computer controls, variable valve timing, etc., is still just a mechanical engine. Other tools like a timing light, are pretty much useless on them but, the old vacuum gauge lives on, lol.
One other thought came to mind so look out, lol. If you do hook a vacuum gauge up and the needle is bouncing, it could also be a broken valve spring. They generally are most noticeable at idle most times. Only thought of it because you say it happened suddenly.