Hi Todd,
Yep it is on github, but it is currently on the 'slow' development schedule - the PX4 is tightish on RAM for doing 'big' things in the scripting layer so I thought I'd focus first on making the GCSes scriptable (currently in alpha on andropilot - within a monthish it should be a lib that can go into droidplanner). The current status of the lua scripting:
* initial attempt was Squirrel based
If your hot to work on on vehicle scripting, I'd love to chat with you'd be interested in working on this.