1) Yes.i just need some clarification
2) Yes.
3) '04 or '14 will work, but with 14 you may have to reduce the value of R5 (and its brothers in the other Modules) to get the Fader oscillator working. Also, one or other of the weighting resistors R7/R8 may need tweaking.
4) The gate (e.g. U1e) driving the LED needs to be a relatively high current type; hence an HC one is suitable whereas a CD4049 wouldn't be.
5) Yes.
6) Yes.
7) An asc file is just a text file used by the LTspice simulation software that I (and many others) use.
I suppose the fewer components the easier it would be, but cost would depend on what your sources are. I don't know which would be 'better' for you. I suggest you build a prototype 1-LED circuit for each and acompare them. One thing I haven't shown in my circuit is the 100nF decoupling capa needed across the supply pins of each IC.Which would be easier, cheaper and work better?