Crossover Ethernet Cables? Will this work?
You only need crossover cables if your ethernet card is 100 mbps only. 1 gbps (or higher) capable ethernet cards have automatic pair detection so you don't need crossover cables.
Yes, your PC would have to be turned on for the 2nd pc to have internet.
No, won't work automatically ... see internet connection sharing feature on your network card or in control panel somewhere. You have to set your pc to "give" internet to you second computer.
A network switch is super cheap, under 20$ for a 5 port gigabit switch. It would make more sense to just buy one and connect it to your router and have two cables from switch going to each computer.
Used gigabit switches can be bought for under 10$ on eBay.. just doesn't seem worth the hassle.

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