Not a problem, I like helping SH people (or should I say fanatics) out!
For corals, I'm not exactly an expert or anything, but I know that you can try the Kenya Tree coral (capnella spp.)
As for your LR, macros, and live sand, you MUST get it from seawaterexpress.com (at least, I HIGHLY recommend it) All the "nasties" (such as hydroids and worms) are completely gone. They even have a dwarf deluxe pack or something with wonderful stuff, perfect for what you're planning to do! The owner, George, is very helpful and informative. (I've spoken to him personally many times). And the customer service is excellent.
Dwarves generally don't live long, I'm pretty sure it's not much longer than 1 year. However, since they are such prolific breeders, you can easily have 3 generations in one year.
There are many fry raising methods, here are a few:
*Breeders net; for the first two to three weeks of the fry, they can be kept in a breeder's net (along with some hitching posts) any should be fed BBS three times a day. (my personal favorite)
*Right along the parents! However, just increase your meals to three times (vs. two)
*Separate container-can be a small (one or two gallon) tank. Water changes everyday
Oh, and have you gotten Abbott's book yet?
Any more questions are welcome.