1) In order to keep homeostasis. I don't know enough about 5-HT antagonists to answer more to that, but I'm sure it has to do with *how* the antagonist reduces 5-HT activity.
2)
This paper claims that it is due to a higher density of a high-affinity state of 5-HT2A g-proteins which occurs during withdrawal.
>Although, the mechanisms by which cocaine withdrawal mediates 5-HT2A receptor supersensitivity in PVN are not completely understood, our present and published data indicates that they could involve: (1) increased density of 5-HT2A receptors in a “high-affinity” state at least at 24 h of withdrawal; and (2) increased levels of membrane-associated Gαq and Gα11 proteins at 48 h of withdrawal.
3) Well, most of the agonist and antagonists don't selectively target 5-HT2A receptors, those are simply the ones associated with psychedelic effects of psychedelic drugs. Serotonin agonists are also used (and used more commonly) than antagonists to treat depression, such as SSRIs...however as any psychedelic user can tell you, these drugs can make you experience both emotional highs and lows, so mood doesn't necessary have a linear response to serotonergic activity. Many of the pleasurable effects of the psychedelics are associated with their simultaneous stimulation of dopaminergic transmission along with the other neurochemical changes induced by said drugs (increase in NE, etc.). I'm not a clinician, so I can't tell you a 'rule of thumb' as far as treatment goes. I am sure someone more focused on psychopharmacology (my research lies in the auditory system) can provide more detailed answers.
Uh thanks for the downvotes? If I'm wrong at all, please feel free to step in and correct me.