http://shootout.alioth.debian.org/u32/which-programming-lang...
JRuby and Rubinius have been working to improve Ruby performance. In theory, it might possible for Ruby to run at 1/2th to 1/10th the speed of C using an aggressive tracing and optimizing compiler similar to LuaJIT.
But this proposed feature really makes me cringe: If refinements require frequently invalidating method caches, Ruby performance will always be horrible. I'd rather sacrifice a tiny amount of expressiveness and have my code run 50x faster, thank you. :-)
EDIT: Note that there are some very cheap ways to implement a similar feature, including the way Common LISP supports package-scoped symbols.