Creative Suites Production Premium questions

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I recently ordered the 5.5 creative suites package & had a couple of questions.
Is it correct that I can install the software on my home system & also on another machine at work?
I was also looking into purchasing  magic bullet suite 11 , but am unsure what host I should choose.
I have FCP 7, and with the suite will have premiere CS 5.5 & After Effects as well.
Will the plug ins only be in the primary host I select upon purchase?
Or will they be in accessible for all three applications?
THANKS
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Replay

I can have it on 2 computers as long as they are only used by me & not open at the same time.
The host for Magic Bullet is for Red Giant's purposes only & I was able to access the plug insin Premiere, FCP, and AE.