I have some answers... that may be incomplete, but it's a start.
1. Use DMX OUT to daisy chain from a wired LE to the next LE. Use DMX OUT 2 to go from a wireless LE to the next LE.
2. I did, but don't know if it matters.
3. No Idea.
4. There are lots of factors that go into that. What type of bulb.. mini, c7, c9. But in my opinion, something on for only 50 ms is too fast to enjoy. Get too close to being a strobe for my liking, so I will ramp in and fade out, or leave it on for a bit longer. Unless of course you are going for a strobe effect.
5. I am using wireless LEs within 50' of the PC (thru walls) and there is no noticable delay. The computer will lag if I try typing while it is running, but the show doesn't.
I too am a perfectionist. But keep in mind that it is easy too get too close to the sequence. You can easily listen to a song hundreds of time, and want to hit each note right on. But when all is said and done, when you aren't at the computer and are outside enjoying the show, you really don't notices the little differences. And all the people who are seeing it for the first time are usually so amazed, that a 50ms difference here or there won't even be noticed.
Good luck.