I generally avoid getting close to other cyclists I encounter on my commute. If they have a reasonable pace, I just stay back. If they are clearly slow I will do a quick pass and sustain a good pace to keep them behind me. Those cyclists who manage to catch me up and pass by shooting stops and reds are aggravating; however I always have the option to change my route.
My answers to your poll:
1. I do like to get a "good morning". When I pass I ring my bell or give a "on your left" but as I pass, I always say "good morning" or some sort of greeting.
2. No, I don't generally seek out to chat with other commuters, unless we're both stopped at a red.
3. I go my pace. If someone wants to pass me, fine, Just stay in front of me.
4. I pass when their pace is slower, not because it's a competition. I do enjoy trying to catch up to cyclists in the distance, but typically back off rather than passing as I get close. I see it as a motivation to sprint.