1 Yeah no problems here I'd think
2 A bigger T7 and lower values in set R29-31 (one third less maybe? Also higher wattage of course) might just do the trick, although I haven't taken a proper look over the schematic though
3 Is there a reason you want to isolate their power sources though?
4 SW2 would probably require a fair bit of mucking around, maybe a FET for SW1? I always thought those nice resounding mechanical toggle switches are usually the preferred option to cheap plastic clicky things though...