I suspect that lightning conductors may well protect against a strike, depending upon the size of strike of course. Current flows are high, but not in the tera-amp range. There is an interesting report in this link about a glider struck by lightning, which goes into much detail about lightning strikes.
**LINK**
I have flown in cloud in gliders, but I've never knowingly climbed in a cu-nim. Those I know who have reported getting shocks and sparks off the metal control rods. I've seen what was left of a wooden glider after a lightning strike at the AAIB at Farnborough, and it wasn't much!
I very much doubt that radiation from power lines is a real problem. At 50Hz the wavelength of an EM wave is 6000km. So even a long power line is very short in terms of wavelength. In radiation terms the power line will be electrically short, and electrically short antennas tend to have very low radiation resistance, and are therefore very inefficient radiators. For all practical purposes anybody near a power line will be in the near field, so the field is largely magnetic. The energy in a photon of EM radiation is hf, where h is Planck's constant and f is the frequency. Planck's constant is about 6.63×10^-34, so at 50 Hz not a lot of energy per photon.
Personally I'd be much more concerned about the radiation from a mobile 'phone. The frequency is much higher and the radiation source is an efficient radiator right next to the head. Mind you any problems caused are probably a modern version of natural selection. There's so much verbiage spouted on mobile 'phones I doubt one could tell the difference even if the radiation was having a detrimental effect. 
Regards,
Andrew