I never usually have more than 5 items on each site but that is just due to the type of item I list, I don't see why you couldn't list more.
You will be able to view the listing on the .au site under selling yes. However, if you want to relist or second chance offer then you will have to log back into the .com site.
Another thing, I have to go into PP to accept each payment I received from items I sell on .com site. Not sure if this is because each transaction is $200+ or if I need to change a setting somewhere to automatically accept them... Anyway doesn't really bother me!
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