I disagree with the implication here (that this is a good point for comparison because "real-world application's performance can only get worse."). Yes it can only get worse but how much worse (per unit of "features") is both significant and unaddressed.
This isn't the best example but look at the gap between the top and bottom of the scale in the Database access test (single query) and Database access test (multiple queries) charts: In the first, Gemini is ~340x faster than Cake, in the second, only ~23x faster. There is still a big gap but it closed by an order of magnitude once you stepped past the most trivial possible DB access test.
So nodejs or php-raw is faster than cake at a single DB access, but what about when you create a real world scenario with authentication, requirement to be able to update features faster (i.e. use an ORM), env. portability requirement, etc.? It seems to me this would look like a little slower, a little slower, a little slower in the {raw} versions, and already included, already included, already included in Rails or Cake. The full featured frameworks take a lot of their performance penalty up-front, with less of a hit as features are added (maybe? :P).
My point is that it's not reasonable to assume that hackernews-benchmarks will actually reflect production use. That said I think the article is cool, and agree that it's good to keep framework authors' feet to the fire regarding performance!