"FastRad" is some settings I have come up with for use with POV-Ray. POV-Ray's radiosity has a tendency to be really slow at times. I have found settings that are relatively low-quality, but you'd have to look really hard to tell. Here are some examples of what it looks like.
If you are new to rendering, point your browser to www.ldraw.org and take a look at their articles about setting up POV-Ray on your system. Instructions on how to use FastRad are here page.