A browser that fills a similar niche: NetSurf.
http://www.netsurf-browser.org/ http://www.netsurf-browser.org/about/screenshots/
http://www.netsurf-browser.org/ http://www.netsurf-browser.org/about/screenshots/
[1] if not lower... I can't time it, but to describe it I'd say, rendering is done when the Return key is up. Seriously nice.