First of all, the Prestige Class Tier List is not nearly as widely-ascribed-to as JaronK’s base class one. For one thing, it is much harder to judge a prestige class (especially ones that can vary so much depending on how you enter), and for another there are just so many more of them.

Take the Shadowsun Ninja. For a Monk, it’s a dramatic step up; for a Swordsage, it’s... a thing. There are some neat tricks possible with it (Tomb-Tainted Soul or the Undead type allow you to use the negative energy for healing while using the positive energy on your allies, so that’s indefinite healing), but ultimately it doesn’t really change much about the Swordsage’s tier.

The problem of the Master of Nine is that it requires a ton of feats. If you aren’t a Swordsage, it also requires multiclassing, but that’s not really a bad thing for initiators. In fact, judicious multiclassing helps a great deal with the feats, because one level in Cleric gets you two of the feats (Darkness or Shadow domain gets Blind-fight, Time domain gets you Improved Initiative). The unarmed Swordsage adaptation also gets you Improved Unarmed Strike, and most Swordsages want Adaptive Style anyway.

That leaves only Dodge to be picked up. Several options, including Tome of Battle’s own Desert Wind Dodge, are better than ordinary Dodge, though even the best is still weak. Still, one feat burned and the single-best-dip-in-the-game (don’t forget that Cleric 1 also gives a few spells, and Turn Undead can be used to fuel the often-excellent [Divine] and [Domain] feats) is not too high a price to pay for the excellent class features that Master of Nine offers.

The limited Dual Stance feature is not nearly as good as the Warblade’s version of the same, but it’s still awesome and you can get it way sooner than 20th level. The eight maneuvers in five levels, of course, is phenomenal, and a maneuver readied per level is insane.

If you try to get into Master of Nine as a regular, single-classed Swordsage, you’re making a huge mistake and will regret burning all of your feats that way. If you’re clever about picking up feats, though... the class can be excellent.

Side-note: you don’t lose “more” by taking another level in addition to Cleric 1 with your Swordsage levels, because other class levels count half for your initiator level. There are a lot of great options for that extra level. Fighter or Psychic Warrior could be used to get another feat, to make up for the one lost picking up (Desert Wind) Dodge. Psychic Warrior also grants you a single power – which could be expansion, for instance, a great choice. Barbarian gives a ton of stuff on level 1 as well (don’t forget to check the various alternatives for Rage for the one that best works for you).

Yes, it does.

These are the touch attack rules:

Some attacks disregard armor, including shields and natural armor. In these cases, the attacker makes a touch attack roll (either ranged or melee).

A touch attack is still a kind of attack, since there is an attack roll. So it doesn't get around wall of blades the same way that, say, a fog cloud spell would (since the latter doesn't have an attack roll, so it's not an attack).

When you are the target of a touch attack, your AC doesn’t include any armor bonus, shield bonus, or natural armor bonus.

A touch attack is defined by what it ignores, rather than by what it allows. Wall of blades does not provide an armor bonus, shield bonus, or natural armor bonus. Indeed, it's not a bonus at all. Therefore, the full AC you get from wall of blades applies against touch attacks.

Yes, this means you can block lasers with your sword.