Does changing the config files Pubg in 3.2 will get you banned??

For me idk but in the update 3.1 i used change alot in the config like example
1. sky color
2. aim assist
3. sensitivity
4. Tpp view
5. Fps

4
I am currently updating a few settings in a rather large *.exe.config file via the *.exe executable by using XLinq to navigate the directories and read / write the values. The problem with updating this way is that changes only take effect after restarting the executable, but I would like the changes to take effect instantaneously. Is there a way to tell the executable to reload the *.exe.config file after I make the changes?

I think so.

May be