You either power it from a computer through USB or from a +5V power
adapter capable to give 500mA. Many mini usb power adapters will do,
e.g. a power adapter from my I-mate SP5 phone.
Yes, you can. In that case you don't need 6N138N and everything
directly connected to it and to the MIDIIn/Out.1 connector. In the
current MegaDrum32 schematic these are R25-R29 and D1.
Very much likely. I have my own drawbacks, point me out to the error
and with your help we'll fix it. The important thing is that MegaDrum
works as I designed it to work even if the whole MegaDrum circuit is a
big schematic error:)