This is a real-time raytracer, written in C++ (or, possibly 50:50 inline assembly), heavily optimized to run fast even on old hardware like the Core 2 Duo processors. It boasts:

• Fully-fedged raytracing, reflections, refractions and the like.
• Texture mip-mapping and mipmap level selection based on an approach, similar to ray differentials
• Heavily-optimized multi-layer rendering code, with MMX, MMX2 and SSE optimizations.
• Adaptive raytracing, and fast soft-shadows calculations
• Some physics (ball collisions and bounces)
• Benchmark-grade options, creation of result files. The benchmark used to be a good general-purpose PC benchmark
• A developer mode, where one can look-around the scene. Also a quake-like console interface for scripting.
• Fully portable to Windows, Linux, OS X and others (FreeBSD and Solaris; have been ported to ARM and Sparc).

For more info on how to compile it, consult INSTALL.