Hi Gwent rail
As a fairly recent convertee myself I can relay the following and hopefully dissolve any issues you might think you're heading towards.
If you understand how a DC powered layout is wired then DCC is 10 time easier!
To answer your questions in order...
1. Not too expensive, but you will need to add between £10 and £28 per loco for a decoder, depending on the type chosen.
2. Yes, you run a 'Bus' of two wires all around the layout and tap into this bus everywhere a track feed is needed. Soldering connections to the bus and rails is best.
3. No, if it can be done in DC it certainly can be done with DCC and much more too! (Double heading [Consist], no isolating sections for sidings needed, the ability to take one loco up onto a stationary one anywhere on the layout etc (the list goes on).
4. Yes, two or more 'Cabs' can work most DCC layouts (My system allows 99 operators or 'Cabs') However, this will depend on the system chosen, So read the reviews. A good general review is in the September issue of Model Rail now out in the book shops. Alternativly buy a dedicated book on DCC.
5. That depends on your finances. There are far too many systems to compare here and the cost of the system and future expansion capabilities are up to you. Consider what will you want in the future? - PC control etc. Basic "Starter" DCC packages range from around £80 and go on up past £500. I use the MRC Prodigy Advance (Sold in the UK under the Gaugemaster brand) but I imported mine from the USA.
6. Normally no, but this depends on what you want the decoder to do? Basic decoders give motor control and usually one or two other outputs which can operate loco head and tail lights etc. Remember, like everything in life you pay for what you get! If you want suburb motor control with additional motor controls (back emf motor control for example) you could pay upwards of £28 or more (e.g. Lenz Gold series) Shortly, Hornby will be introducing their DCC systems and their decoders are reported as being around £8 each! Personally I like the mid range features of the Lenz Silver decoder which sells currently for around £19 each.
7. However you like…Continue to use conventional power to do this via normal switches or a mimic panel etc or use DCC control from the DCC 'Cab' powered via the DCC bus into dedicated Point decoders (Again you will need to check the chosen unit is able to undertake point route setting).
Myweb site may offer some ideas of what can be done, how it's done etc. My Webpage
As a fairly recent convertee myself I can relay the following and hopefully dissolve any issues you might think you're heading towards.

If you understand how a DC powered layout is wired then DCC is 10 time easier!

To answer your questions in order...
1. Not too expensive, but you will need to add between £10 and £28 per loco for a decoder, depending on the type chosen.
2. Yes, you run a 'Bus' of two wires all around the layout and tap into this bus everywhere a track feed is needed. Soldering connections to the bus and rails is best.
3. No, if it can be done in DC it certainly can be done with DCC and much more too! (Double heading [Consist], no isolating sections for sidings needed, the ability to take one loco up onto a stationary one anywhere on the layout etc (the list goes on).
4. Yes, two or more 'Cabs' can work most DCC layouts (My system allows 99 operators or 'Cabs') However, this will depend on the system chosen, So read the reviews. A good general review is in the September issue of Model Rail now out in the book shops. Alternativly buy a dedicated book on DCC.
5. That depends on your finances. There are far too many systems to compare here and the cost of the system and future expansion capabilities are up to you. Consider what will you want in the future? - PC control etc. Basic "Starter" DCC packages range from around £80 and go on up past £500. I use the MRC Prodigy Advance (Sold in the UK under the Gaugemaster brand) but I imported mine from the USA.
6. Normally no, but this depends on what you want the decoder to do? Basic decoders give motor control and usually one or two other outputs which can operate loco head and tail lights etc. Remember, like everything in life you pay for what you get! If you want suburb motor control with additional motor controls (back emf motor control for example) you could pay upwards of £28 or more (e.g. Lenz Gold series) Shortly, Hornby will be introducing their DCC systems and their decoders are reported as being around £8 each! Personally I like the mid range features of the Lenz Silver decoder which sells currently for around £19 each.
7. However you like…Continue to use conventional power to do this via normal switches or a mimic panel etc or use DCC control from the DCC 'Cab' powered via the DCC bus into dedicated Point decoders (Again you will need to check the chosen unit is able to undertake point route setting).
Myweb site may offer some ideas of what can be done, how it's done etc. My Webpage