Never actually had an a axis set up as angular, the one I have on the coil winder (spindle basically) is just set as 1 rev is one unit. Dont think you need a home switch as when you zero the axis it will know where it is, also when you Ref All the axis will be set to machine coords zero where it is sitting.
Steps for rotation I suppose will depend on how you are to be setting it up, if you are going to be working in degrees then it will be the amount of steps to do one revolution of the axis divided by 360 degrees.
Hood