1. Suica Nex at Narita: are 2 tickets issued: 1 for the Nex ride,(?same as the reserved seat ticket you are given when using a JR Pass from Narita) and a Suica "electronic" cardYes, you get a ticket for the NEX ride and a Suica card with a balance of 1500 yen. When passing the gate at Narita Airport, use the NEX ticket, not the Suica card.
3500Y cost: 2000Y for NEx, 1500 Suica
The package costs 3500 yen and includes a Suica card with a balance of 1500 yen and a refundable deposit of the Suica card of 500 yen. So, effectively, the NEX ride costs you 1500 yen.
500Y deposit: this is my biggest confusion:
1500Y Suica means 1500Y worth of rides, or 1000Y worth?
The card will have a balance of 1500 yen to be used. The 500 yen deposit is separate.
What happens when you have less on the card than the ride you have just taken
Then you can use a "fare adjustment machine".
Can you recharge this Suica card: if so, how?
Yes, at a vending machine.