Hi Antipofish, no expert but have had Praecox for 6 months or so. Absolutely great fish with brilliant personalities.
1) They do shoal, but not tight like tetras, and tends to be if something disturbs them or if one of them moves off to investigate something - they all follow! I have 14, 9 males and 5 females and would happily add to them.
They are most active first thing before lights on and when there is some ambient light in the room, the males display constantly to each other and to the females and have minature spinning battles in the middle of the tank (think Gandalf Vs Saruman). They flare their fins, open their mouths and flash a white stripe on the top of their head and back it's awesome.
2) It's fine to have all males, they will still display to each other, although I guess this may be less than if females are present. The females are still really nice looking fish and add another dimension to the tank with their own behaviour, I like having them in there but I guess this is personal preference. If you have a large enough shoal - 12+ I believe its less critical to worry about 2 -1 ratios. My females don't get too harrassed, in fact I'd go as far as to say they encourage the males sometimes by swimming close to one, then another, and leaving them to wrestle!
Can't recommend them enough, if you move near the tank they follow you round all pointing at you like the shoal of fish in Finding Nemo, hilarious.
HOWEVER, (Sanj may be able to recommend someone) UK stocks of these are generally terrible. Don't bother with the chains, as the fish are generally weak Asian imports which won't last long at all. I got mine as young fish from Rare Aquatics in Crewe, apparantly UK bred. They are growing well, active and absolutely no signs of any trouble.