Need Help on Wordpress MU

Here are the questions :

1.Will all autoblog plugins work with Wordpress MU ?
2.Will all plugins work individually for each Subdmoain created using MU ?
3.Have any one used MU for AUtoblogging ? and how is the result so far ?
4.Can i use individual but totally different microniche for each folder for the MU ?

P.S : Needless to say .. I am a NOOB

My answers:

1.Yes
2.Yes
3.Yes, me . look at nowblogg.com and see for yourself
4.Each folder i presume u mean subdomain? if so, then yes you can do it that way.

Thanked with thanks..
Also another question..
http://www.ukcheaphosts.com/value-hosting.php
have anyone used it for Autoblogs ?