answers:
1- this one depends on the application you are running and if you are using routing on both links then you could do it but you need to do testing and verify if this works with your application, wireless, ..etc
2- this is easy part all what you need to do is to have routing to be runing on both links and make th eroute LAN network to be preferred over one link/routing and the othe rone will be as a backup
in the case of link failure the convergence time will be dependant on the routing protocol timers where you can adjusted as desired for quicker convergence time if it is critical
hope this help
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