1. The CBT has already started last May 18. OBT and commercial launch still unknown
2. Depends on the connections speed
3. If you follow your quests, moderately fast. If you just keep killing monsters it will take a LONG time.
4. You can do both
5. Real-time (most MMOGs are)
Btw, why don't you read the PW PH forums? You'll get most of your info for PW PH there.
