is the sensor a tilt or vibration sensor? if vibration, can its sensitivity be adjusted?
It's both. It uses an accelerometer to measure G-force, from there it recognises bumps and vibrations, and also calculates angle to determine tilt. A tilt of 5 degrees or more (or bumps, etc) sets the alarm off. Sensitivity not (currently) adjustable, but if the purpose thereof is to minimise false alarms then no adjustment is needed.
what would be the approximate dimensions of the control unit?
Cylindrical shape, diameter 55mm and 40mm high. Pics later...
so no integration into the flashers, to indicate arm/disarm - will it sound arm/disarm?
No integration to the bike's electrics, no. But it beeps to indicate arm/disarm, etc.