Yes to all, I am re-learning this whole fiasco over again. Having bigtime deja-vu as we try to force the "parts system" to match up to what we need for this application.
Of course the bearing does not set in the flywheel itself, but once the flywheel is installed it all looks like one face, crankshaft and flywheel together.
'68 428 HO M3 Monster, 4-on-the-floor! Need I say more?