Some more information...
First of all I found out that marking PL/pgSQL function as immutable significantly increase speed of its execution: 19808 ms vs. 27594. It happens because exec_eval_simple_expr is taken snapshot if function is volatile (default). I wonder if PL/pgSQL compiler can detect that evaluated expression itself is actually immutable  and there is no need to take snapshot for each invocation of this function. Also I have tried yet another PL language - JavaScript, which is now new outsider, despite to the fact that
v8 JIT compiler is very good.

Implementation
        time (ms)
PL/v8
        41550
PL/Lua  32220
PL/pgSQL        19808
C/SPI     9406
SQL       7399
SQL (JIT)
          5532
С/coreAPI         2873

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Konstantin Knizhnik
Postgres Professional: http://www.postgrespro.com
The Russian Postgres Company

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