Is it okay to take the LiPo off the charger @ 95%?

[Just go Play]

There should be no problem with partial charging lipos. I regularly charge to only 90%-95% a pair of Trakpower bricks with no problems.

The mah setting on the hyperion charger will only effect the current rate that the pack is charged at. I have a couple of the evolite packs that I charge at 50mah over which causes no problems either. Either way you will get a full charge unless you end it early.