Hi
about the bandwith: depending on the interface you are using, If you use a FastEthernet interface your max Bandwith would be a total of 100Mbit, ( all traffic in different vlans share the same interface). Same counts for a Gigabit interface.. You share the bandwith of that interface with all vlans. Etc Etc
The benefits are cheap! ony need one Port on you switching infra. But this also can be your problem, all vlans share traffic over one port. If you do a lot of traffic congestion will be a bottle neck!
hope this helps a bit