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Quick Rundown
Before going around and having fun with something like this, it's important to know the risks.
Access to more than what you should have is bad enough.
Lots of opportunities are opened up to maliciousness..
It is YOUR responsibility on how you use this.
For example, potential for RCEs are opened up at the reversion of access to the Lua Registry.
It is quite obvious that you need to fully understand the implications.