Do I have to use IMCE?
No. Acquia Cohesion allows the site builder to select, either use of IMCE or Entity browser for browsing and selecting images.
Acquia Cohesion renames to Site Studio from version 6.2. Tell me more.
Custom styles are CSS styles for classes.
Yes, you can use Drupal fields in certain parts of Acquia Cohesion.
It depends on the use case. For fields and their field formatters use a 'Field' element, for data without field formatters, use a token.
The style preview may not be updated because the refresh icon hasn't been toggled to the active state.