As your example code is REBOL 2, you can use GET to obtain the value of the word:
>> get to-word (rejoin [foo "_result_data"])
== [none none none none none]
REBOL 3 handles contexts differently from REBOL 2. So when creating a new word you will need to handle it's context explicitly otherwise it will not have a context and you'll get an error when you try to set it. This is in contrast to REBOL 2 which set the word's context by default.
So you could consider using REBOL 3 code like the following to SET/GET your dynamic variables:
; An object, providing the context for the new variables.
obj: object []
; Name the new variable.
foo: "test1"
var: to-word (rejoin [foo "_result_data"])
; Add a new word to the object, with the same name as the variable.
append obj :var
; Get the word from the object (it is bound to it's context)
bound-var: in obj :var
; You can now set it
set :bound-var now
; And get it.
print ["Value of " :var " is " mold get :bound-var]
; And get a list of your dynamic variables.
print ["My variables:" mold words-of obj]
; Show the object.
?? obj
Running this as a script yields:
Value of test1_result_data is 23-Aug-2013/16:34:43+10:00
My variables: [test1_result_data]
obj: make object! [
test1_result_data: 23-Aug-2013/16:34:43+10:00
]
An alternative to using IN above could have been to use BIND:
bound-var: bind :var obj