Yes it will - it will generate a new wallet.dat Don't understand the question Info about transactions is stored in the blockchain(blk0001.dat, blkindex.dat) not in the wallet.dat. wallet.dat contains your pub/priv keys
Back up your wallet.dat before updating. It should be fine, but backups never hurt. Then download new client, uninstall the old one and install the new one. That's it.
Btw, geeks ARE normal people - the rest of you are a bit weird
Corsair is great. I personally would not buy a used psu, because their lifespan is estimated for certain amount of hours and you never know how long it's been used for and at what load.
Like phantastisch said - it totally depends on the brand. The amount of power you have is plenty. I was mining on a 5870 with a 250W for about a week until I got round to buying a better one while my friend blew a 1000W brandless psu within couple of hours mining with 2x 5870
To circumvent it is very easy. All you need to do is 1. Download Tor browser bundle 2. Download Bitcoin 3. Start Tor and in Bitcoin client Settings->Options check "Connect through socks4 proxy" Use IP 127.0.0.1 Port 9050 which are default
I live in Abbey Wood SE2. Chislehurst is only half an hour away from me. PM me with details and we'll arrange something. Your rigs will be online in no time