Swap File Configuration?

I have read a lot of conflicting information about Windows swap files and where to put them. I have a Win2000 installation and 2 physical hard drives, 1 for windows and programs, and the other for data only (I even moved "My Documents" to my 2nd drive).

I would like to configure my swap file for speed because I'm currently re-organizing my entire system. I have Win2000, 2GB RAM, 2 hard drives (80GB-windows & 200GB-data) both 7200 RPM. I would like to get an opinion on the following statements that I have read.
* Splitting the swap file over 2 separate drives gives the best performance.
* Putting the swap file in it's own partition is good because it prevents too much fragmentation.
* Partitioning the drive with windows specifically for the purpose of a swap file does not help performance over putting the swap file in the same partition with windows.
* Dynamic swap files are slower than a Static swap file (i.e., initial size = max size).

Questions
1) If fragmentation is the only reason the have the swap file in it's own partition, then couldn't that be resolved by the free pagefiledefrag program from sysinternals.com? I currently use this at every bootup.

2) what would be a good size for my swap file? I currently have windows manage it.

3) If splitting a swap file between 2 separate drives is better, do I take the total recommended swap file size and split it in 2, half on each disk?