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This paper discusses a hot-carrier-reliability assessment, using ATLAS device simulation software, of a gate electrode workfunction engineered recessed channel (GEWE-RC) MOSFET involving an RC and GEWE design integrated onto a conventional MOSFET. Furthermore, the impact of gate stack architecture and structural design parameters, such as gate length, negative junction depth, substrate doping (NA), gate metal workfunction, substrate bias, drain bias, and gate oxide permittivity on the device behavior of GEWE-RC MOSFET, is studied in terms of its hot-carrier behavior in Part I. Part II focuses on the analog performance and large signal performance metrics evaluation in terms of linearity metrics, intermodulation distortion, device efficiency and speed-to-power dissipation design parameters, and the impact of gate stack architecture and structural design parameters on the device reliability. TCAD simulations in Part I reveal the reduction in hot-carrier-reliability metrics such as conduction band offset, electron velocity, electron temperature, hot-electron-injected gate current, and impact-ionization substrate current. This paper thus optimizes and predicts the feasibility of a novel design, i.e., GEWE-RC MOSFET for high-performance applications where device and hot-carrier reliability is a major concern.