10MHz serial monitor with Arduino IDE

I have a standalone ATMega328p on a board powered by 3.0V. I have connected an FTDI breakout board to it and am trying to establish communication.

Questions:

  1. Will the OSEPP FTDI breakout board run at 3V?
  2. Can the Arduino IDE's serial monitor handle non16MHz clock rate data?
  3. Is there a different terminal program I should use (for OSX)

Thanks

memotick:
Can the Arduino IDE's serial monitor handle non16MHz clock rate data?

It handles 9600 Baud (nowhere near 16MHz) very well.