For Rails version 0.14 or greater you should upgrade to mysql-ruby 2.7 to get better performance.
For my application, the 2.6.7 version results in a 10-15% improvement for unchached pages:
perf data file 1: 10-29.all.trunk.mysql.2.5.1 requests=1000, options=-bm=all -lib=trunk -mysql_session -fast_routes perf data file 2: 10-29.all.trunk.mysql.2.7 requests=1000, options=-bm=all -lib=trunk -mysql_session -fast_routes page c1 real c2 real r/s r/s ms/r ms/r c1/c2 /empty/index 1.48114 1.48793 675.2 672.1 1.48 1.49 1.00 /welcome/index 1.63852 1.63111 610.3 613.1 1.64 1.63 1.00 /rezept/index 1.49519 1.48949 668.8 671.4 1.50 1.49 1.00 /rezept/myknzlpzl 1.48423 1.48344 673.8 674.1 1.48 1.48 1.00 /rezept/show/713 4.10559 3.58523 243.6 278.9 4.11 3.59 1.15 /rezept/cat/Hauptspeise 5.01344 4.55163 199.5 219.7 5.01 4.55 1.10 /rezept/cat/Hauptspeise?page=5 5.11826 4.65202 195.4 215.0 5.12 4.65 1.10 /rezept/letter/G 5.03240 4.58985 198.7 217.9 5.03 4.59 1.10