It's good to know more detail, at times. That probably is too much. That cleavage is made by a protein called FtsZ, which constricts it. In animal cells, it's actin I believe. Something you'll encounter in Uni biol as a key difference, though not relevant to this.
As for your quick question. Short answer is no. I know this is at conflict with my previous statement about the FtsZ, but sometimes knowing too much is not a good thing. The exams are marked in relevance to the course. For example, if you use a method in Specialist maths, that you've learned externally...perhaps it's something in Uni, you may very well get a mark for the right answer, though, the marking scheme does not provide for anything that is not part of the prescribed course. Often, extra information can be beneficial in the multiple choice questions (particularly as the difficulty of the science gets greater and things become less "up for interpretation"), however, in short answer questions, you will not be rewarded for giving an answer that is outside of the course. Biology in particular. The marking schemes look for very specific statements, very specific pieces of information. You are guaranteed that these pieces of information are part of the course; it will not suffice to look for them in your extra knowledge!
Having said that though, it is important to have a genuine interest, but, if you can't learn to switch between the two; that is, learn the course and learn what isn't in it, then you're best to stop yourself going too far out of bounds! 
Yeah I definitely agree with you with how knowing too much can be detrimental at the VCE level... learnt from first hand experience, lol.
Would two different sequences located on the same gene locus on homologous chromosomes coding for the same protein be considered different alleles? eg. 2 different sequences that both code for say the A antigen on RBCs
Also, what is a good definition of the genome for VCE? TSFX says that it's the complete genetic code of a cell/ organism, including extrachromosomal DNA, but other sources say it's just the haploid complement of genetic material in a cell/ organism.