Hi Ludwig,
It's been a while that I do not use the software (we don't have many chance to fly a UAV around human area

). So, try to check if my answers are still ok.
As I remember correctly, if you have geo-referenced your image then the metric unit should be meter (if you provide ground control position in meter).
If you want to export a DEM, chose File then Export DEM. Then in the projection plane, choose the one that suits you. Normally, I choose TopXY. Concerning H and V, if I recall correctly they are actually Horizontal and Vertical but not in the sense that you suppose them to be ^_^
Actually, H and V here correspond to x and y axis in a x, y, z coordiate system where z indicates the height (I'm not so sure about this but I had this impression as I also wanted to have a vertical resolution like you). Normally, I have the same value for H and V. If you really want to have a fine (small value) vertical resolution, you should export the DEM as it highest quality (default value when you open the DEM export window). Then you can use other tool to down-sample the DEM like geo_translate utility (free linux and windows tool).
About the processing speed, we can think about days if you have a lots of pictures (more than 15 is a lot

) and if your computer is not so strong (mine have 12 Gb of RAM and 3.2 GhZ Quad core i7 but it's still only ok in doing its job).
1. I do not fully understand you "block" question. I used block features before as the area we try to scan is quite large. Actually, using the block could somehow reduce the precision of your map but you could save a lot of time. I don't have much experience in this one neither.
2. How could you check if precision of your ground control point? By exporting the DEM and comparing the point's coordinate with the entered values? I had this issue before. Actually, there are somekind of bend (the 3D map is bend), rotation error (the 3D map is rotated a few degress) as there are also error in the ground control coordinate. The rule is to have as many as ground control as you can and as spreading as possible. When we do our job, we put large, easy-recognible targets on the ground before launching the UAV. And we try to use the best Gps that we can afford (1 cm accuracy with respect to the base station).
Hope this help you somehow. Cheers.