I'm actually on the verge of releasing a new huge update. New features include:
* first class lua support
* built in support for a lua templating language: https://github.com/leafo/etlua
* a new postgres driver written in pure lua, should play nicer with luajit and and be available in more stages of nginx request cycle: https://github.com/leafo/pgmoon
* lots of other smaller changes
All of this code is in master I just need to write all the documentation for it, sigh.
The biggest site I've created with lapis is itch.io: http://itch.io it's currently 43,209 lines of code (excluding libraries).
I run it on a really crappy 10 dollar a month vps, memory and cpu usage is tiny. I've handled well over a million requests per day in the past with no issues. The app communicates with a lot of third party payment services over http in the server, because of the non-blocking nature of openresty throughput is not affected when these services are slow (eg. paypal).
Another interesting lapis project is MoonRocks: http://rocks.moonscript.org/ it's a public lua module hosting site. It's opensource so you can check out what a developed lapis application looks like: https://github.com/leafo/moonrocks-site
Thanks for checking out lapis!