1) Yes
2) Yes. That's what sleep modes are for...and presumably it drains the battery a little, but very, very little as it's asleep and e-ink doesn't need juice to display the screen (only to change the screen)
3) You shouldn't put a bare kindle in a bag. But it in some sort of sleeve or do what I do, get a padded mailer for a buck.
4) Yes. The way e-readers have long battery lives is being rather underpowered...
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