1. Yes, this is actually what I meant by "mix and match", any spell can have any component. Maybe two spells have the same component, maybe the same spells have multiple components at once or you get to choose which one you use.
2. Yes ! That's probably a very good idea
3. Sadly, I'm not familiar with that specific Fate game, if it is about a more permanent cost to magic, it could definitely be used as a cost