In most cars and trucks, the radiator has a built in transmission cooler that has separate lines running from the transmission to cool it off. The CX-5 just has a different/smarter system as you mentioned to warm up the ATF.
Yes, because I don't know of any other vehicle that actively warms up the ATF when it's cold.
As for operating temperatures, I do agree that the temperature of the metal plays a very important role, but I believe the oil does as well in order to properly lubricate/protect the components.
If the metal is warm enough for the engine to be considered ready to roost, the oil will already be plenty warm. So no worries about the oil being too cold.