If you aren't instantiating a template, then it isn't used, so who cares if it has theoretical errors to be figured out later? This behavior is in fact used to decide between alternative template specializations for the same template. Concepts do it better in some ways.
Just because you aren't instantiating a template a particular way doesn't necessarily mean no one is instantiating a template a particular way.
A big concern here would be accidentally depending on something that isn't declared in the concept, which can result in a downstream consumer who otherwise satisfies the concept being unable to use the template. You also don't get nicer error messages in these cases since as far as concepts are concerned nothing is wrong.
It's a tradeoff, as usual. You get more flexibility but get fewer guarantees in return.
This seems like a very strange argument to me. For a pleasant experience you generally want to report errors as early as possible.
I don't think so? From my understanding what you can do with concepts isn't much different from what you can do with SFINAE. It (primarily?) just allows for friendlier diagnostics further up in the call chain.