Can I setup Alerts for my Team members ?

Yes you can setup alerts for your team members .

When you setup alerts like in the earlier post

http://sharepointdirect.blogspot.in/2013/06/how-to-setup-alerts-in-sharepoint-2010.html

By default your name will be reflected over there Change it to the name of the member or the group to which we need to setup alerts .

You can also Convert a Outlook DL into a Security group and send alerts to the DL .

Note : All nested DL`s also should be converted into a security group to be resolved in sharepoint

Can I send Email Alerts From SharePoint 2010 To Distribution Lists

Yes we can send Email alerts From SharePoint 2010 To Distribution Lists.

How ?

The answer is First you need to convert the DL into a security group for the DL to get resolved in Sharepoint . As Sharepoint doesnt recognise DL`s

After that is done .

1. Log in to your SharePoint site and navigate to Site Actions > Site Permissions

2. Add this distribution list to the site as a member of an existing SharePoint permission   

    group . you can give Read permissions no Higher permissions needed .

3. Navigate to Settings > Group Settings and make sure that the following is true

Who can view the membership of the group: Everyone.

Group permissions level: at least,Read permissions

4.  Navigate to the library or list and click Library (List) > Tools > Set alert on this library (list)

5.  Add the distribution list in the field Send alerts to

The alerts now will be sent to the members of this distribution list.