1. Yes, the universe is too vast for us to be the only life. I think we will discover it within the next ten year, however; contact is probably a century away. If intelligent life is discovered a new unity on this planet will exist that will for the first time transcend the scientific community. Would another race be benign? We can only hope.
2. I believe we are already transitting enough.
3. I run seti@home because I believe that we are not alone and I believe that it is important that we find out.
SETI@home and Astropulse are funded by grants from the National Science Foundation, NASA, and donations from SETI@home volunteers. AstroPulse is funded in part by the NSF through grant AST-0307956.