Well, I dunno. In one case Superfish can see all your data and store it on their servers, in the other case _anyone on the internet_ can spoof any site (as soon as someone extracts the key). Either way is pretty bad.
But proxying all traffic from all Lenovo laptop owners through a third-party server without someone immediately noticing a problem is just not feasible, so I think we can assume that's not what they're doing.
Are you sure? Android Chrome proxies all non-HTTPS traffic through a third-party server, by default. So it isn't like the traffic volume is impossible.
Yes but that's Google. I'd be surprised if Superfish had resources like that, or could generate that much traffic from their servers and not be noticed (by, say, Google). I could be wrong.