1. As for now scripts with set_parameter_data are not working, are there?
The command does not currently exist, only get_parameter_data does. The corresponding Canon function to set is known, so it wouldn't be terribly hard to implement.
2. Is it possible to use set_prop for temporal effect until camera reboot?
Not unless the particularly propertycase involved already behaves that way.
3. My SD950 IS 1.00d llibtst.log reports errors: http://pastebin.com/rpQDZYSL . Is it ok, to use lua scripts on it?
I don't see any failures in that log. Where it says, e.g.
os.utime("A/bogus",nil,nil): ERR A/bogus: error PASS
that means the error was expected so the test passed. If there hadn't been an error, then the test would have failed. The script outputs whether there have been any failures.
Running lua scripts should be as safe as anything else using CHDK.