Rubinius has a different performance profile from MRI. It's considerably faster at some things and slower at others.
It's not just for things like Rails apps that Ruby is typically used for, either. I frequently process data, such as large log files, and now and then I try out the different Ruby to see if things have gotten better. So far, 1.9 and JRuby are the winners.
(LuaJIT is typically 2-5 times faster than both, so these days I tend to write my scripts in Lua.)
On my list of gripes: Lua's attempt at OO, being implemented as hash tables, is even more pitiful than JavaScript's. Also, arrays are implemented as hashes (just like PHP!), which is just one notch below JavaScript again. I also wish for a more expressive regex syntax, but then that's the text processing talking.