When I'm out somewhere or at work I'll stand... when I'm at home it's just more relaxing to sit cause I'm not rushed and I can read a little something and sometimes what started as just a pee works out to be a little more. (#2)
As for the splashes... I try to aim to the side so that it's not hitting the back at such a steep angle, that works really well for the most part. If I still splash, then I make sure I splash while washing up so that I can easily blame it all on the hand wash and not pee splash.