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It's a toss up between Scyther and Pinsir for best Bug type. They have an equally-low Special. Scyther's HP is marginally better, and is a fair way faster than the stagbeetle Pokmon. Scyther functions relatively well without TMs, being one of the few Pokmon to learn Double Team naturally.
Well, it's not a Pokemon currently available in the game. Mewtwo has the strongest max CP with 4,144. The strongest Pokemon players can find is Dragonite, with a max CP of 3,500 even. Coming in third is Mew, another Pokemon not found in the wild, followed by the Legendary Birds Moltres and Zapdos. After Dragonite, the two next strongest catchable Pokemon are Snorlax with a max CP of 3,112 and Lapras with a max CP of 2,983. Exeggutor and Vaporeon round out the top five. Of the three Starter Pokemon, Charizard has the highest max CP of 2,602, followed closely by Venusaur (max CP of 2,580) with Blastoise bringing in the rear with a max CP of 2,542.