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Whether you need a drywall anchor depends on the specifics of your project, particularly what you're hanging and where. You do not need a drywall anchor if you can screw or nail the object directly into a wooden stud, as the wood provides sufficient support and stability. However, if there are no studs in the location where you plan to hang the item, you should use drywall anchors to ensure it is securely supported. For very lightweight objects, like small pictures, adhesive picture hanging strips can be a suitable alternative to anchors.

This depends on how much plaster is applied and in how many layers, but a decent estimate is around 150 square feet. If you are applying only two coats on a small wall, there is a chance you may only need one or two gallons for the entire project. If you are plastering a large living room wall with high ceilings, using one of the more involved techniques–like Scagliola–that requires several coats, expect the project materials costs to add up quickly. 

Yes, drywall can hold a 50-pound TV. However, when mounting a TV, you’ll either need to attach it to wall studs or use drywall anchors. If you use anchors, make sure to buy a type that can hold at least 50 pounds. Molly bolts, threaded anchors, and toggle bolts are all good options. For extra support, you can also install a wall mounting plate with the anchors.

You can technically just paint over hairline cracks in plaster since these cracks are often harmless, but this will mostly be a waste of paint. Paint will only hide the hairline crack for a few months before it shows up again. The best solution is to repair the crack with flexible filler or joint compound before repainting.