Bunkspeed just released HyperShot 1.8 on March 11, 2009 . HyperShot is an all new generation software renderer, that allows anyone within minutes, to create photographic realism with their model. Think of it like a new type of camera, an all software camera. Import all the popular model formats, drag and drop accurate materials, choose your environment and you have a photo of your digital model.
you can also check HyperShot Training site here