1) It depends on your nav software, some will take the tablet GPS input from a separate source to the traffic data. Sky Demon doesn't, it takes them from the same source. The dongle won't be any less accurate than the GLO (the dongle has WAAS/EGNOS), but I think it has a 1Hz update rate.
2) No. The problem with using another DVB-T dongle to receive FLARM isn't a technical one as such. FLARM don't want to be decrypted, so if they found that PAW were hacking their protocol, they'd probably change the encryption to stop it.
3) Depends how close you put the magnetic base to the compass!
4) You don't need much in the way of an antenna to be able to pick up ADS-B from transponders, though with new Low Power ADS-B Transceivers (LAPT) now being sold, the antenna might be more critical. I use a "chilli" type antenna which is good enough for traffic purposes. The P3i type antenna works well, as do some GSM antennae.
5) There are over 800 units around now. If you're near Lasham, you're probably not far from me, I fly with a PAW from Bourne Park, just north of Andover.