RE: Charging LiPo Question!! (power source related)
Question 1: Once, unless it's a deep cycle battery and you're still pushing it then.
Question 2: Yes. There is about a 1 volt difference between fully charged and empty, so when you get a volt lower than you were after a full charge you're done.
If you use the charger much, you might consider converting a computer power supply. There are guides here on RCU on how to do it.