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I stopped trading in 2017, but now I am intrigued if steam still has the same rule.
The last thing i remember is that the only games one could store in the inventory were the additional gifts of 4packs, but all the others could only be sent to a friend directly (who can accept it to library or reject it and be refunded). Is it still the same?

And that leads me to another question: Do new gifts here on dispenser get placed regularly, or is there a limited ammount of games that will only decrease with time until none is left?

Yup, still the same. Almost everything that you see here on dispenser is stock bought during that era.