If you are causing other vehicles to brake or manoeuvre or are generally slowing the flow of traffic it is dangerous.
In the UK you can be prosecuted for dangerous driving for doing that. I don't know what the rules are here. Driving too slowly will also cause you to fail your driving test (failure to progress). Whether it is against the law or not it's still dangerous driving.
True, but it's rude and it is dangerous. If you are causing other drivers to manoeuvre (change lanes) then your driving in increasing the chances of an accident. You should drive with the flow of traffic, up to the speed limit.