Mania, I agree with Tom in Frankenmuth. I use the air in the suit to prevent squeeze. BC for bouancy control. With that said, most people new to drysuits will intially feel "overtaxed" and to help with that, a lot of instructors will have them use thier suit for bouancy instead of the BC. That way, they are only dealing with one airspace expanding. Then after you become more comfortable, start using the BC more and the drysuit less. Eventually you will stop using the suit for bouancy all together.
I might add, proper weighting is of the upmost importance. Spend some time and get it right. Are you using a trilam or neoprene? With a trilam style, each time you adjust your underclothing, you may need to tweak your weights. With neoprene its usually not that big a deal.
As for the fear of the air trapped in the legs. I did some playing around in the 12' section of the pool. With a safety diver next to me I would go inverted, put so much air in my suit that my legs would float out of the pool past my knees. I could still use just my hands, fold, twist, and turn and get my feet below my head and exhaust valve without a lot of struggeling. So practice that in a confinded water setting and it will help relieve a lot of the fear.
Once you go dry, you will not want to dive wet unless the temps are really warm. I use my drysuit even in water thats cool, not cold, I just don't wear gloves or a hood.
I use the hood and gloves to help regulate body temp. In some of the dep quarrys arround here in the summer the surface temp will be in the mid 80's (F) and the temp at depth (below about 60'/20M) will be in the low 40's high 30's even in August. With air temps in the 90's I sometimes wait until I am at 5-10M before even putting on my hood or gloves. If I start getting warm, I will just remove my gloves or pull the hood back and cool off. Works for me.
Let us know how it works out. Dive safe.......