-- "They" say you shouldn't put in a 4-5 point harness without a roll cage because of the whole "your body needs to fold inward, out of the way, of the roof collapsing" thing. There are "boy racers" who put in the harness (because it impresses girls) and are "going to put the cage in later" who draw ire for doing this.
-- If you pre-set the 3-point seat belt to locked, and god forbid get in a wreck doing something fun/stupid, your insurance (car, health, life) might be more willing to pay if they can't fully reconstruct the accident. In other words, it'll look more like an accident, and less like a boy-racer out racing with racing gear on.
-- Car seat mode is achieved by pulling the 3 point all the way out, so it engages a ratchet mechanism on the return to the spool. Return it all the way, and the ratchet is released. There's a fat person on my commuter van who frequently does this accidentally and has to reset it. I highly doubt the driver's position would have this mode.
-- Seat belts are sacrificially stretchy. This helps them be "soft" in a wreck and less damaging to your organs. Pretensioners take away some of this "give" so you don't wind up too far out of place in very serious accidents, while letting the give work during slower speed ones. This is why your owners manual reads to inspect/ replace belts after even minor wrecks.