1. deleting ei.cfg will give the the option to choose which version of win7 you want to install, so yes you can remove it
2. yes
3. it should do, if it doesn't a workaround (although a pain in the arse) is to clean install 7, then install it again immediately after, so in effect you are upgrading to win 7 from win 7
4. no - i got a win 7 product key from ebay from vietman and it worked on a UK installation