It's not made for it. That said I used the 40, 50, and 60 for night shots. There's a hack for doing it and it works fairly well but eventually you'll toast the sensor. That is why I had all three. The 50 was the better one for me. I've got a dsl...
With CHDK you menu into a settings window for setting exposure, and pretty much everything else. For instance you can run your iso higher than 100 when exceeding 1 sec. You can run whatever you want. But... I would save it for cool temps. You can...
Yes you can, but you'll need a hack to override the camera iso and shutter speed limits. Google CHDKIn some ways the 40 was better for night shots, but you can do it with the 50. Look for users on flickr that use the 50. I've taken shots of aurora...