So your E-penis can get bigger? I'm very skeptical of the housing. Seems like it might just be a fluff item like them stupid familiars they sell in marketplace which has no benefit in game. If I wanted more bank room i'd make alts. Personally I hope the added bonus in terms of mods or tribute like effects from housing is gonna be negligible..but hopefully i'm wrong.
Um .... Yes. Doesn't everyone want the newest and best stuff for their characters? Even if this is just a fluff item like the familiars, there's no harm in it. Might not be a lot of benifit, but it's not gonna hurt anything either.