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LP5811: Query before finalizing the part:

Part Number: LP5811
Other Parts Discussed in Thread: LP5813
We were using some other RGB Driver(Non-TI) solution and faced an issue in current consumption. And now are currently working on getting the RGB LED Driver solution from TI. We looked into the LP5811 solution and checked functionality with the LP5813 EVK. This looks good and we have some queries below that require your feedback before we finalize this solution. Our major concern was the power consumption of the RGB driver. We are planning to use this part considering we put the driver in shutdown mode in between the blinking intervals to conserve power.
1) It seems LP5811 is a new product, how is the availability of this part?
2) Is it ok to put the chip in shutdown mode in between the blinking intervals? What is the power-up settling + generic configuration time required for this chipset?
3) Are there any issues/concerns with this part currently, to be used?
4) What is the EOL/ longevity plan for this part?
5) I was not able to find the part number of LP5811's WSON package, is it available?