Yes, it is Hindi it is Garuda written in Hindi.
No, never. It changes the meaning of word.
Yep, and I am glad that I live only 45 Kilometer away from Kurukshetra, where the war of Mahabharat was fought.
But you should know that Sankrit is a language, and there are many layouts/scripts, most popular Hindi layout for computer is Devnagri or देवनागरी लिपि
Scripture is something like Holy Bible, and clearly there is lot of difference between scripture and language, just like Bible and English.
Nice font. IIRC, it was even used in Commonwealth games, on Indian jersey.