I put the 208 in my Blazer into 4 Lo all the time in drive. Just stop, hold the brake, shift it, then let off the brake I have never put it in nuetral, or park. Sometimes as its shifting into Lo I have to take my foot off the brake, and actually let it roll a few inches as it goes in.
I don't use low very often in my 86 K20. When I do I push the clutch in, as I come to a complete stop, or pretty darn close. 1, or 2 MPH, and shift it into Lo, trans stays in gear.