Can you move point to a position by clicking that position with a pointing device?
Also, when you've selected some text with the pointing device, does Emacs sense the selection? I.e., does (list (region-beginning) (region-end)) return the start and end of the selection?
Yes and yes, I don't think there are any mouse issues I've had working with Emacs in the terminal (whereas there are tons of bindings issues).
I had no idea! Wow.