Performance test results on my laptop:
Results are here shorten to fit php web notes ...
This was tested with 1024000 bytes (1000 KB) of random data, md4 always gets the first place, and md2 always get the last place :)
Results: (in microseconds)
   1.  md4                           5307.912
   2.  md5                           6890.058
   3.  crc32b                        7298.946
   4.  crc32                         7561.922
   5.  sha1                          8886.098
   6.  tiger128,3                    11054.992
   7.  haval192,3                    11132.955
   8.  haval224,3                    11160.135
   9.  tiger160,3                    11162.996
  10.  haval160,3                    11242.151
  11.  haval256,3                    11327.981
  12.  tiger192,3                    11630.058
  13.  haval128,3                    11880.874
  14.  tiger192,4                    14776.945
  15.  tiger128,4                    14871.12
  16.  tiger160,4                    14946.937
  17.  haval160,4                    15661.954
  18.  haval192,4                    15717.029
  19.  haval256,4                    15759.944
  20.  adler32                       15796.184
  21.  haval128,4                    15887.022
  22.  haval224,4                    16047.954
  23.  ripemd256                     16245.126
  24.  haval160,5                    17818.927
  25.  haval128,5                    17887.115
  26.  haval224,5                    18085.002
  27.  haval192,5                    18135.07
  28.  haval256,5                    18678.903
  29.  sha256                        19020.08
  30.  ripemd128                     20671.844
  31.  ripemd160                     21853.923
  32.  ripemd320                     22425.889
  33.  sha384                        45102.119
  34.  sha512                        45655.965
  35.  gost                          57237.148
  36.  whirlpool                     64682.96
  37.  snefru                        80352.783
  38.  md2                           705397.844
Code for generating this:
(compatible both with browser and cli mode)
<pre>
<?php
echo 'Building random data ...' . PHP_EOL; 
@ob_flush();flush();
$data = '';
for ($i = 0; $i < 64000; $i++)
    $data .= hash('md5', rand(), true);
echo strlen($data) . ' bytes of random data built !' . PHP_EOL . PHP_EOL . 'Testing hash algorithms ...' . PHP_EOL; 
@ob_flush();flush();
$results = array();
foreach (hash_algos() as $v) {
    echo $v . PHP_EOL; 
    @ob_flush();flush();
    $time = microtime(true);
    hash($v, $data, false);
    $time = microtime(true) - $time;
    $results[$time * 1000000000][] = "$v (hex)";
    $time = microtime(true);
    hash($v, $data, true);
    $time = microtime(true) - $time;
    $results[$time * 1000000000][] = "$v (raw)";
}
ksort($results);
echo PHP_EOL . PHP_EOL . 'Results: ' . PHP_EOL; 
$i = 1;
foreach ($results as $k => $v)
    foreach ($v as $k1 => $v1)
        echo ' ' . str_pad($i++ . '.', 4, ' ', STR_PAD_LEFT) . '  ' . str_pad($v1, 30, ' ') . ($k / 1000) . ' microseconds' . PHP_EOL;
?>
</pre>