CONNECT's Workspace & Workset folder structure?

Morning Folks,

Like most folks I am trying to get a better handle of CONNECT Edition by using the Bentley Learning site.  After watching a few video lessons I have some questions about Workspaces and Worksets, specifically about the relationship of Workspace folders and Workset folders in the greater folder hierarchy.

Say this is the way my folder structure was set up:

CONNECT is installed here:  C:\Program Files\Bentley\MicroStation CONNECT Edition\MicroStation

Workspaces folder is here:  C:\BentleyCONNECT_Workspaces\

Does this mean that ALL the Workspaces I will ever use need to be under C:\BentleyCONNECT_Workspaces\ ? 

Or can I put my company's Workspace here: C:\BentleyCONNECT_Workspaces\ and all my clients Workspace on another drive, say:  X:\BentleyCONNECT_Client Workspaces\ ?

Along this same train of thought does the Workset folder need to reside below the related Workspace folder?  Or can I put All the Workspaces on a local drive and all the Worksets on a separate server all together? 

I don't know why you would do this but I am just asking the question to get a better understanding of how things behave.

I'm sure I will have further questions but this is a start of a conversation; Thanks for Your Help Y'All,