Marketers should know their numbers, but most bloggers and publishers are shooting in the dark when asked for conversions, i.e. sales or other goals,
Of course, RFCT modifies your links inside the RSS content, including the title so Google Analytics recognize it. FeedBurner can still fetch your RSS feed as usual.
While every time your subscribers fetch your RSS feed, it will already include Google Analytic tags, stats don't appear immediately. That has nothing to do with this plugin. Go bug Google. :)
Yes, email subscribers will be tagged as RSS readers too. After all, those are RSS subscribers who receive your feed content via email. That's just how it works.