Can I use VB.NET for...?

I have some questions to answer, can you please help me?

NETWORKS - Can VB.NET be installed on the network? Meaning if all the programs and environment (framework) can be on the File Server, and not on the Local PC.

NATIVE CODE - What do I gain, what do I lose by compiling with Native Code as oppose to Managed code?

SQL7 - Can I use SQL7 with VB.NET?

OS - Can I run .NET under Win98? NT? Novel 5.1 ?

Thank you all.

Network: No. The framework HAS to be on the client.

Native: Dont know

SQL7: Yes.

OS: Yes. Yes. Novell is just an add on to existing OS isnt it? If so Yes.