It is around 60 to 64 blocks down as it isn't flat. Some bedrock pieces will be around 60 and some will go down to about 64.
People say it is supposed to be the nether under bedrock because as if you climb up in the nether you will find bedrock just like the floor in the overworld (Real minecraft world)
I have seen what is under bedrock and it is just plain nothingness. You will see stars and if you fall out you will die and the game will crash maybe. I hear you ask how did you find this out? Well I used creative mode and broke through. I used to break it with Single player commands mod with the super pick-axe command.
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you cannot break bedrock in minecraft it is not possible
Yes, bedrock will block lava.
You hold down "shift" while clicking on the items.
In order to destroy bedrock in Minecraft, either the super pick-axe command or TNT can be used. These are the only two options without cheats.
I find diamonds by mining at bedrock level.