1) It would be in contact with a concrete wall.
2) We're using framing that was in the home before we moved in. It's mostly ok, and it would have busted our budget and calendar to tear it all out and rebuid. Otherwise, I would have just put up foam boards first, then framing. In fact, one side of the basement already has the foam insulation. Just not the part I'm looking at.
3) Simply wanted the insulation in the walls for sound absorption and to normalize the acoustics.
4) Yep, I was curious if Roxul batts alleviated the concerns that fiberglass has with being in contact with concrete and moisture.
I'm reading it might be more practical to just get some really dense, heavy wood and fill in the studs with it. It would have added benefit of reinforcing the walls.