Re: [02/03] session security
Nope, it's stored on the server.
Only the session ID is stored client side (usually either in a cookie or the query string) and although the user can modify that it's extremely unlikely that they will somehow hit another user's session. If you are worried about that you can do a simple IP vs session ID log and that will pretty much eliminate any last chance of circumventing the system.
Re: [02/03] session security
ok, i thought so. so i guess ill take out all the session ID checks I Do on each page!! :)