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We'll he's definitely winning.
(Although, as always, he could be winning more.)
Depends. Assuming decent money management the marginal utility of another 2*Episodes Million Dollar might be neglectible, especially if he can fill up his time with movies instead which reduces or nullifies the opportunity costs altogether.
Regarding his kids a more sane action might be better. But what he gains atm is a nice amount of press coverage. And maybe self respect. Esp. if all his drug tests come out clean.
I can't help but wonder if Charlie Sheen is deliberately trying to appear crazy in order to achieve some goal; for example, he might have been trying to get CBS to break its contract with him so he could sue them and get the money for being in the television show without actually having to do the work.
And Alec Baldwin, who might know, said the lawsuit might have real grounds.
Also, he's branding himself with easily repeatable memes, making a distinction between winning warlocks with tigerblood and loser trolls who can't process his brain, making a lot appearances on various programs, gathering an online following, and selling merchandise with his slogans. That really looks like political campaigning, but he would have to explain the craziness as a tactic in order to get past it. I think it's more likely he's recruiting a fan base for a future project where he can have more control. When you don't know what you want, take power.