Yes, you can bend the pins, they're just wire. Just don't do it too much or they'll break off.
The 1 Ohm resistor is so your multimeter is not in line with the current path. This can be bad because you don't know how the circuitry in the DMM will affect the circuit as a whole. In addition, some cheap DMMs only go up to 200mA, whereas their voltage measurements can go higher. Finally, there is a risk that you might burn out your DMM, or at least blow out its fuse, if there is a large current spike. This can come from the circuit layout, or more frequently, if you accidentally forget to switch the cables when measuring something else like voltage (the current measurement is like a wire, which can cause a short in a circuit).
You know, you might want to invest in some good parts and equipment, as well as some more knowledge, before you accidentally blow out your more expensive components (the laser diodes). I'd go on Mouser.com and buy like $10-$20 worth of components. This can include a variety of resistors, diodes, caps, etc. That way you don't have to worry about burning out some, or lacking them. It sure beats burning out your $15 laser diode, or $30 DMM.