The slowdown could be caused by us monitoring the scene via the SketchUp Ruby API, as jiminy-billy-bob mentioned. If this is a common issue, then perhaps we should consider having an option to turn that off, rather than having to disable our entire plugin. RT wouldn't work while it's disabled... and there might be an issue with lights if it's disabled... not sure off hand what else would be impaired by not listening for component or face changes.
Archaholic - we certainly did consider exporting, like many other rendering packages out there. We decided against exporting, so that we wouldn't have to worry about syncing assets between 2 applications. We actually found that users often told us that one of the reasons they chose our product over a competitor's, is the fact that we were embedded in the host application. We just did what our users told us to do