If I was so inclined, which I'm not this afternoon, I would find out what the specified torque setting is for a stainless steel screw that is the same size as the ones "I" use on MY harness. I would place my ususal dollars to donuts bet that it is measured in high inch-pounds or very low foot-pounds of torque. When I use the allen wrench which is about 3.5" long I know that I can develop MORE than enough torque to keep the screw tight. In low grade steel, below Grade 8, it is likely that the same torque applied to the same screw would pull the threads out. How do I know this? From experience over the years.
The allen wrench that is in the pouch of my harness ALL of the time is handy so I go over the shackles at least every 7 days of climbing. Like I have said many times...I have NEVER had to tighten any of the screws on MY harnesses and I 've been using them for years.
There have been LOTS of ropes and soft gear DQ'd but we still use soft gear without backups. The routine is to do regular and thorough gear inspections.
I will agree with Nick, a SS ring would be a better choice. I'm going to source one next week.
If someone does get injured because a shackle's screw opens I would bet that it is because they weren't ever inspected and tightened.
When was the last time anyone checked the lugnuts on their car? Heck, check the inflation of the tires...ha haha...it is getting close to the time to change the Summer Air over to Winter Air.