[SOLVED] Some questions with dual booting

[shengchieh]

2. Is it a good idea to retain all banking/payments/ transfers in LL - because it is more secure?

Yes.

4. If a virus/malaware happens to infect the Win 7 partition is it likely to contaminate the LL partition?

No

5. Are there any other problems that a newbie like me should watch out for?

I have a personal disdain for dual-boot simply because I've seen numerous problems people had throughout the years (used linux for 12 years).  I favor using an old machine (if you have one).  Use it as a linux box and
let the new machine be all window.  That said, many people successfully dual-boot and have no problem - your choice.

Sheng-Chieh