I'd recommend getting the practice lock;
Medeco are high security and quite difficult, your not likely to get anywhere starting with it. Plus- if it happens to get damaged while toying with it, can be pricey to fix/replace/gain access.
From looking at the key the valleys of the cuts will tell you how many pins the locks has.
For instance, this key has 5 valleys, and five pins
http://www.bumpmylock.com/images/M5.gifthis one has 4
http://www.bumpmylock.com/images/M1.gifI just google imaged those, I no nothing of that site.
You can also place a pick in a lock, lift up on all pins, and draw the pick slowly towards you. Count the number of pins you hear resetting.