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I have initial content that is dislayed for 10secs and then collapsed and replaced by a div that was hidden (display:none). Will the hidden text be used by Google or will they consider it as page stuffing? If so, is there any recommendations on how to handle this. The goal was to maxamize screen real estate for the human visitor without adding clutter.

If you are already looking at a site rework under aspnet the have a look at incorperating this with MVC which offers a much more structured approach and allows handling of redirects 301 and produces much faster loading pages without all the cookie state stuffing of straight aspnet.  It also handles security much better with attributes to control protocol and access rights.

If you must have a seperate page for each product rather than the 16G/32G options then you may be able to describe them differently rather than cut an past the text. There are many ways to talk about the features of a given product.

Alternatly, are you able to use an opening page to to talk about the specific features of the iPhone and branch to the version the customer wants to purchase?

We have a site based in Australia that has been using the .com domain. Recently the .com.au became available and we purchased it and use a 301 redirect. Does having a site hosted off-shore and a .com rather than .com.au for a company affect the ratings in google.com.au for Australian traffic?