Wow, loads of questions to answer. I'll do my best, but I'm not sure I can provide answers for everything.
If you're holding off your purchase, it might be interesting waiting for Corsair's new Neutron series of SSD's, see here for a few more details
http://www.kitguru.net/components/ssd-d ... -and-more/
It's based on an SSD controller from a company that has previously only done controllers for Enterprise solutions and they were recently bought by Hynix if I remember right.
Real world life expectancy is nigh on impossible to calculate, as it comes down to multiple things. Key factors are 1. the manufacturing process of the NAND flash, the more advanced (read smaller) it is, the shorter the life span of the NAND, as the logic gates burn out quicker 2. the type of controller and what kind of NAND flash managing features it has that makes sure that the data isn't written to the same memory cells over and over again and 3. what you use it for, the more read and erase operations you perform, the shorter the life of the NAND flash will be.
Note that most SSDs will last at least as long as the warranty, most likely much longer. Anandtech has something of a comparison you can have a look at here
http://www.anandtech.com/show/5734/king ... ssd-review and they're estimating that an average user would burn out even the most basic SSDs in no less than eight years.
Again, I couldn't say, as it comes down to the above
Well, unless a memory chip or another component in the drive would fail (which could happen to a hard drive as well), which is very rare, the worst thing that will happen is that at the "end of its life" the SSD will become a read-only drive and it's meant to retain the data as such for about a year.
Hopefully this helps to answer some of your questions.