I have added "micro-adjust" to the "My menu" customised menu, so that I can quickly access the screen whilst out in the field You can test focus accuracy at any time by just comparing the live view focus to normal AF (ie acquire focus in live view using contrast method, then switch of live view, then focus by pressing shutter half way and watch if the focus ring moves at all). I suspect I'll fidget with the settings for a while, arrive at a balance that seems to work most of the time in most conditions, and then leave it alone!
Yes, you can adjust individual lenses. The body recognises each lens when you put it on (even non Canon lenses) and remembers the adjustment setting. Even if you chose to disable the adjustments, the Camera remembers them, so you can quickly flip between adjusted and no adjustment.
I think when it comes to sending you camera in to Canon for calibration, they recommend sending all your lenses and body, so they can all be calibrated together.
Just buy a 7D, you won't regret it