It really will depend on the exchange and what they decide to do, I know that there were a few with ETH that did not do this for their clients, pretty sure Coinbase kept all the ETC themselves which they later apologised for and said it was a mistake.

If people need to keep their coins on an exchange it might be a good idea to find out what they will be doing in the case that this does happen.

Not late, if anything it is still early into the life of bitcoin as it is slowly creeping into the masses and at that point it still won't be too late so if you can afford it now why not go ahead.

If you did lose your wallet and even your phone although you have an online wallet which might carry some emergency funds if you are security conscious you will no doubt have 2FA setup via an app on your phone which would cause an issue when trying to access your wallet as you have lost your phone.

It's been a while since we've seen 100% free airdrop, there used to be a lot of them until an ICO became the trend.  Look forward to seeing some more information on the coin.

Nice, probably is a good time to pick some ETH before it starts climbing, long term it is bound to reach bitcoin levels as long as something catastrophic doesn't happen.

Most exchanges will have a similar minimum, Bittrex is also 0.1.

There is a list here of some bitcoin debit cards https://bitcointalk.org/index.php?topic=1410577.0
All of them will have fees associated with them and if you do wish to send money to your bank you will need to provide some ID for verification.

I would expect some of the exchanges to issue some kind of statement to let users know where they stand in the case of separate chains, Bittrex were good the last time around with ETH and ETC but not all exchanges as you said were interested in doing the right thing.

I would like to add COVAL and WBB to the list, WBB will be changing to DLS any day now and has been under the radar for some time, the only place currently to buy some is Yobit, they have ignore the Dev's wish to delist from all exchanges until the swap https://www.dlsag.ch//

A lot of them will be purely to make a quick buck or two, especially when hosting an ICO as they will receive money ahead of actually having to have anything in place.  There are projects out there which are decent and worthwhile but everyone should be aware and vigilant of potential scammers.

Yep

What's the Android app called again that monitors the pool and notifies when a block is hit? I can't remember the name.
Edit:  found it

One more to add to this and I know it's about altcoins but is a good source of information for both altcoins and bitcoin, altcointoday.

Definitely scam ICOs have damaged the overall impression of an ICO and the other problem I think is hype, too much hype can seriously damage a project because expectations will be too high.

If a project is serious and the devs are serious I would like to think they would be less concerned with hyping their project and rather concentrate on the job at hand and ensuring their project succeeds outside of hype.

What you say is true, an ICO does carry high risk because what you are investing in is unproven.

As long as those investing realise the risk it is up to them if they choose to take on this risk, most of the ICOs do fail or at least fall under the ICO price and very few seem to actually take off and it is those ones that can make it worthwhile investing.

The price will be affected but how it is affected nobody can really say for sure, when is the right time to buy bitcoin? when you have the funds is the best time.

Afraid not, there is no real get rich quick scheme.  If you are looking at bitcoin in this way you will be disappointed, at some point perhaps it might make a few people rich but it isn't going to make everybody rich overnight.

Just went ahead and put a little bit in, we can continually top up over the next few weeks during the ICO with the same email address ?  there isn't a restriction on this is there?

Sounds like you are looking for free coins rather than actually inquiring how bitcoins are created.  True that back in the day it was pretty easy to get some coins through faucets, giveaways and so on but now the price is what it is and more people are looking at bitcoin it would be a bit harder to get 'free' coins.

You could sell some stuff to get some bitcoin or work your way through the ranks here in the forum and join a signature campaign as another method, I am sure there are still some faucets out there, freebitco.in is around and has been for a few years but bear in mind faucets will take you a very long time to earn anything and at the end of the day you don't get anything for free.

It's not only ETH that you can buy into an ICO with, it just seems recently that a lot of devs are taking advantage of ETH and releasing tokens. 

The whole ICO landscape is becoming similar to the way altcoins for a period were created purely to scam.  Whichever one you decide to invest in try to do a good bit of research.