Yes, it's doable in theory but not in the practical world, especially if the DWG's come from other Autodesk products, such as Plant3D, etc... as one would lose the database connection on those drawings. Also, for some of my customers, their DWG's are generated automatically from other products such as AutoPlant....
The thing that puzzles me in this whole story is that I can't see the reason why the instance scale parameter would be read-only. (not only for the CAD links, any other links too, even though I didn't check if the parameters is also read-only for other link types/instances)
Any chance we can introduce a bug against that, or at least, since it's most likely to be rejected as a bug, a change request?