1) The total energy can used as well, but as other properties can be slower to converge than the total energy with respect to the k-point, I normally look at the either the fermi level or Density of states.
2) If the structure is somewhat homogeneous, that being a molecule or bulk, then metaGGA is the best because it has a parameter C, that can be tuned to give the exact experimental answer or it without giving this parameter it is also quite good. metaGGA has it limitation when it comes to systems that consist of several domains,
where the material changes dramatically, where it loses some of it strength.
The runner-up is the LDA+U or GGA+U, which also have a parameter that will change the band gap, but in order for +U to work really well, you must have filled or almost shells of d-electron near the fermi level.