OK, one could probably write a book on this but I will keep it short and try to cover the 'basics'. Yes, the 900 Fusion (not Switchback or RMK) has a 121" track. How do you find this out.....well, there are several ways but the easiest is to locate a spec sheet on the sled; several websites have specs on sleds; you could ask a dealer. Trying to actually measure the track length is a little tricky.
If you look at the 'windows' on a track, you will see what looks to be a metal (usually gold in color) clip that is wrapped about the edge of the window. Some tracks will have a clip every other window or there are windows only cut into every other rib of the track and they are clipped. Tracks that have windows on every rib and each window has a clip is a "fully clipped" track.
Studding a track is typically a 'preference' thing depending on your riding style and where you ride. Trail riders are more prone to stud their tracks. Mountain riders never stud their tracks.
If you are going to replace your track and you are NOT going to get a factory replacement - the biggest things you need to watch out for are; track length (thats your 121" that you referred to), track width....15" is pretty common; and finally is the track pitch. The pitch is the center-to-center distance of the driver that is actually spinning the track. That definitely needs to match what you currently have.
Brands and types of tracks.....again, that is sort of a preference thing. Maybe talk with some folks in the area that you typically ride and see what they like. I ride alot of off and on trail in the UP of Michigan and I run a 1.352 Cobra track and I have been very happy with that. Granted, I am running a 151" Switchback 900 so there is a little more of a 'footprint' there.
You are on the right website for finding great information. Good luck!