Marchie,
On that last question, the point of setting to the cold load is that when installed and chocks removed it will be at the conditions it was designed for, aside from minor adjustments. And it gives a marker on the plate to return to if minor adjustments were needed in the future.
If the preset cold load was at an arbitrary 50% mark of the total travel, in some cases you would have to overload/"oversupport" the pipe to properly remove the chocks and then loosen the load to reduce it back to the intended cold load for your service. This could possibly overstress connected equipment or connections during installation. Providing this to the vendor they set it exactly where needed to adequately support the deadweight of the pipe/components. When the pipe is supported by the hanger, if designed and specified properly, you should be able to easily remove the top chock from the hanger.
The last advantage of a preset cold load is that it is a calibrated value. That spring is exerting virtually that exact cold load when installed if no travel is observed. Any adjustments in the future are done somewhat relative to this calibrated value.
Thanks,
Ehzin