I\'m building a Django-based review website where public users create all of the content on the site. Users create reviews for given items and they also create the items themsel
I wouldn't expose the admin interface to regular users. You can use the authentication and user-management side (for your purposes), but it's usually best practice to give users a separate way to manage their objects. You also don't run as much of a risk of granting the wrong privileges to users (or allowing them to grant their own).
Have a read though the docs if you want a better overview about what it can do.
Maybe. If the admin functionality covers most of what you want to offer, there's no reason why you shouldn't use it as a starting point.
django.contrib.admin is an application like any other, and provides basically a CRUD interface to your models. Access can be controlled via groups/permissions, just like you would for an application you write yourself. You can give full access to a model with a one-liner, but obviously will have to configure properly when opening up to others.
See also my question Django AdminSite/ModelAdmin for end users? and similar questions Exposing django admin to users. Harmful? and How to make Django admin site accessed by non-staff user?
Regarding arguments about the "intended use" of the admin, please note Django's security update at the end of last year: http://www.djangoproject.com/weblog/2010/dec/22/security/ regarding querystring parameters in object lists. Such an update (quote: "an attacker with access to the admin [...]") is a clear indication that the admin's implementation of the permission system is being constantly scrutinized.
No. The django admin is not intended for any end-user.
The django admin feature is intended to assist the website developer, and that is all. Even usage by site administrators is contra-indicated, although in practice most small sites get away with it since they're only talking a few people who can call on the developer personally if they get into trouble.
For your purposes, the review items and the workflow in creating the items is a critical part of your application feature set. The admin will give you ideas, but it would be a mistake to attempt to build your application upon it.