I'm writing a comparatively straightforward raytracer/path tracer in D (http://dsource.org/projects/stacy), but even with full optimization it still needs several thousand processor cycles per ray. Is there anything else I can do to speed it up? More generally, do you know of good optimizations / faster approaches for ray tracing?
Edit: this is what I'm already doing.
The typical first order improvement of raytracer speed is some sort of spatial partitioning scheme. Based only on your project outline page, it seems you haven't done this.
Probably the most usual approach is an octree, but the best approach may well be a combination of methods (e.g. spatial partitioning trees and things like mailboxing). Bounding box/sphere tests are a quick cheap and nasty approach, but you should note two things: 1) they don't help much in many situations and 2) if your objects are already simple primitives, you aren't going to gain much (and might even lose). You can more easily (than octree) implement a regular grid for spatial partitioning, but it will only work really well for scenes that are somewhat uniformly distributed (in terms of surface locations)
A lot depends on the complexity of the objects you represent, your internal design (i.e. do you allow local transforms, referenced copies of objects, implicit surfaces, etc), as well as how accurate you're trying to be. If you are writing a global illumination algorithm with implicit surfaces the tradeoffs may be a bit different than if you are writing a basic raytracer for mesh objects or whatever. I haven't looked at your design in detail so I'm not sure what, if any, of the above you've already thought about.
Like any performance optimization process, you're going to have to measure first to find where you're actually spending the time, then improving things (algorithmically by preference, then code bumming by necessity)