Hi Paul,
The RGB histogram is handy when you've got fairly extreme colour temperatures - and you can see how close you are to blowing particular channels. You can get these kinds of temperature shifts shooting under certain types of lighting and when shooting the likes of sunrises - sometimes you can end up - for example - with the blue channel leading the red channel by a full couple of stops (or vice versa).
In terms of where to place the histogram, it really depends on the scene that your shooting (see my earlier post in this thread). In GENERAL terms you usually won't want areas of blown highlight (unless they're the likes of specular reflections or unavoidable back lighting) and you usually won't want to under-expose a shot by too much (in terms of how it looks on the histogram, not how it looks on the review screen) as you'll be throwing away levels and end up with shadow noise and posterisation when you correct in PP. The exception is particularly flat scenes where - if you expose too far to the right - it's difficult to get them looking realistic, I assume due to the vaugrancies of gamma and tone-mapping, but I really haven't thought that part through too much.
The likes of spot metering is great because it allows you to put tones where they should be, regardless of any other crazy lighting that may be present in the scene that may upset automatic metering modes.