Good surge protectors do not shunt all the voltage and current from a lighting strike to the ground; this is because the surge can [possibly] travel back onto the neutral (where the neutral and ground bus bars are bonded at the service panel) and damage other equipment that is not even on the same circuit. A good surge suppressor will have capacitors to store teh excess energy instead of shunting it to ground.
No this is wrong.
The N and G are bonded at the NB at the SE. HOWEVER the G must be well earthed and maintained throughout your plant. Capacitors are not going to do squat when lightning hits. However most of the power will dissipate across the panel in the case of a direct hit. I've been the witness to this first hand and barely missed getting smacked with a cover that flew off the panel. Post toast kitty with that one.
Open grounds render surge suppressing devices totally useless. Not that MOV's are much good anyways.
Summary: If you don't understand these basic terms, hire a qualified electrican to check and abate your electrical delivery system deficiencies before an accident occurs.