Striker,
I would be wise you get the manual for these LC1. They can do all the things you mention and even more...
You can download the LC1 manual, from Beoworld, if you become a paying member of this site.
You can get a LC2 user guide free from the Bang & Olufsen web site here:
http://www.bang-olufsen.com/user-guides?cat=BeoLink&prodid=106&typeid=1
They work in almost the same way.
The LC2 guide is actually more useful as it shows how to use them from a Beo4. The LC1 guide probably only mentions the Beolink 1000.
And Yes, you can have multiple lamps on the same LC1.
If you have more than one LC1 or LC2 in the same room, you can program up to 9 light pictures, or moods.
p.