With no subpixel rendering, assuming a framerate of 60fps, you can move only at the following speeds: 5 inches per second (1 pixel / frame), 10 inches per second (2 pixels per frame), 15 inches per second (3 pixels per frame)...
If you're running at 60 FPS and don't mind judder above 30FPS (hideous, but some people apparently don't mind it. I am not one of those people. On a related note: for some reason PM occasionally tears webpages when scrolling, and it drives me crazy), things are a little better, but not much. 2.5 inches / second (1 pixel / 2 frames), 3.75 inches / second (1 pixel then 2 pixels, alternating), 5 inches / second (1 pixel / frame), 6.25 inches / second (2 pixels then 3 pixels, alternating)...
You cannot maintain a scroll speed slower than 5 inches per second (approximately: 300dpi @ 60fps. If you compromise for 30fps, that's 2.5 inches per second instead) without dropping your effective framerate without subpixel rendering. This is an issue all over the place.
As such, yes, subpixel rendering is still required even with retina displays.