No Phione is not a legendary for the same reasons as Shaymin it is just rare and is showed in the Sinnoh Region with multiple pokemon!
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No, Phione does not evolve into Manaphy. --------------------------------------------------------------------------- But, if you breed Manaphy (only legendary that can breed) then the egg hatches as Phione Lushbob
You can't, it's a legendary. The only legendary that breeds is Manaphy, which hardly counts because you get a Phione egg, and Phione cannot evolve into Manaphy, you can't get a Manaphy, and Phione and Manaphy are psuedo-legends.
Phione is a legendary Pokemon, thus it cannot evolve into any other Pokemon at all. Hope that this helps.
Manaphy. If it breeds with a Ditto, you would have a Phione.
The only legendary that can be in an Egg is Phione, which you need to breed Manaphy with a Ditto. But other than that, you can't get any Legendary Eggs.