#2
Possible yes, but not really good idea if it's a set neck guitar. If it's bolt on, it will be manageable.
Regardless, binding is a major pain to do, correctly.
Just call me Bobby
Member of the official GB&C "Who to Listen to" list
Quote by mikeyElite
you build guitars worthy of sexual favors

Quote by Invader Jim
if this party gets any livelier a funeral is gonna break out.
#4
Depends if they rounded the edges like many guitars wout binding do then be alot harder to add it. You need those sharper edges to do binding.