I'm glad you were able to improve your fit.
1) Unfortunately, I am not aware of any way to directly save the formula to a column the way you would do with other JMP platforms. This seems like it would be a good idea for our JMP Wish List. The way I save the formula is by copying the full formula text from the script window, and pasting it into the JMP Formula Editor in a new Formula Column. Then, I manually correct the Parameters to the fitted values from the Degradation report.
These steps can probably be scripted if it is a repetitive task, but for the first try it will need to be done manually. If any other JMP users know a better way, please comment here!

I believe that when fitting by System ID, if each System ID was only tested at one temperature, the Arrhenius model will not be reliable (if it converges at all).
2) For the new product, the degradation path does not appear to be steadily increasing. There is a "step" or "jump" at around 4000 H. This might be due to a real process or a measurement error. Either way, it does not appear that any smooth function such as a power law or exponential will fit well. You could filter the data to get it to fit, but then you risk having unreliable results. My suggestion would be to investigate that sample to determine the root cause of the unexpected "jump" at 4000H.
That being said, to use a custom formula, you are always free to begin with an "Empty" formula window, and type in any formula and set of parameters you would like to use, just like in the Nonlinear platform.

3) What version of JMP are you using? I created the table using JMP 19.
4) Yes, it is important to consider the model report when running this analysis.
- AICc and BIC can be used to compare models.
- The T-test tells you whether the resulting parameter estimates are statistically significant.
- The Correlation is very important - a high correlation between model parameters can sometimes indicate that the model has more terms than necessary, and could be simplified. A high correlation also means there is a strong possibility that the parameter estimates are inaccurate, even if the model fits the data well. It is not uncommon in small datasets with a bit of measurement uncertainty, like this one.
Interpretation of nonlinear least-squares regression model fitting is a rich topic which is not just JMP-specific, so I would recommend finding some learning resources online. The JMP LearnBot may have some suggestions as well.
5) I am also not able to find any way to export the model equation from the Repeated Measures Degradation platform, which seems a bit surprising. Again, maybe another user can comment here and let us know if there is a way to do this.