1) depends on light source, if LED and no dimming, I would say 8-9 hours/day. If dimming, go down to 30-40% and run 14 or longer. If CFL, and high intensity, probably 9-12 hr/day, if lower intensity, 18 hours/day.
2) yes, channeling or arcing will go away, but you may want to check your slot to make sure that it didn't "relax" and pinch closed in the middle after you cut it.
3) depends on many factors, but 5-8 weeks is normal. By 4 weeks you should have some green showing up. It's not really fully mature until you need to scrape it, and growth stays in the holes pretty well.
4) One you have solid and consistent growth, you don't want to scale the light back - you want to increase it. New screens easily experience photosaturation because there is no algae to adsorb the incident light. So you start out with low/moderate intensity and length so get the screen started up, and then once you have a base of growth, you can up the intensity and photoperiod to get more production.