The red dot on the focus scale is for "deep IR", which only HIE is sensitive to. Rollei IR400 is only sensitive to near IR, which is so close to visible light that the method described would lead to blurry pictures.
I use that film with a Heliopan IR695 filter. Setting the sensitivity to 320 and metering through the filter works fine for me. A 25a (deep red) filter with this film is disappointing - it really needs a 695 to shine.
Ole, with the Rollei IR and a #87 filter, I find that I do need to use the red dots. But I agree, with filters that have lower cutoffs, you won't need focus correction, and you'd just stop down a bit more than you might otherwise and all is well.
Dave, besides the Wood effect (foliage) which arises from the chlorophyll transmission spectrum, you will also see darker skies, enhanced sky/cloud contrast, slightly plastic / smooth / ghostly skin tones, very dark (gothic) pupils, curiously dark water, deeper shadows (so, more highlight/shadow separation) and an edge sharness effect in architecture that comes mostly from the fact that people usually do IR photography in high contrast direct sunlight. What else... if you use a film without an antihalation (AH) layer like HIE, you will get glowing highlights. But the Rollei has an AH layer. And there are quite a few other effects that you will discover.
As for night stuff, it is possible to IR mask a flash and do semi-normal photography in such a way that the subject cannot see the flash. But as you've probably seen on various wildlife shows, the subject's eyes are usually quite bizarre looking! Anyway it's something to keep in mind. Some city lights have a reasonable IR component that you can use, but good look figuring out how to meter because the IR component depends very muich on the kind of light. I have a procedure that involves using a digital camera as a meter.
As for polarizers and NDs and all that, I can; give a general statement on those- they are optimized for the visible range so what you get in the IR depends on the sensitivity curve of your film and the transmission priofile of your IR-pass filter.
As NWG said: experiment! Enjoy that you may get some results that not everyone else can get or knows how to get! Film IR can give all manner of curious results, ranging from subtle tonal differences, to quite extreme effects that dominate the composition.
If you're interested in fairly subtle IR stuff ( I don't like for my IR stuff to look very obviously IR so I prefer an edge-visible/IR mix), let me direct you to my little gallery
here, I've been playing with IR film for the last two years and it's given me some different ideas about photography. I will apologize in advance for some of the scans on that page that aren't sharp, I haven't had time to redo them properly.