Does the 1st rule include art and/or basic mechanics?
1st rule includes anything created specifically for the jam - so if you have e.g. a general character controller or a collection of UI components you've created for a different project, that's absolutely fine - just don't start working on anything game-specific before the jam.
Minimum game length is 1 second - anything shorter will be disqualified! :-)
It really depends on what you're creating, but quality generally tends to beat quantity.