Unified Rendering Light Speed in Web Dynpro ABAP
Use
Unified Rendering Light Speed (URLS, LS) is a new rendering technology that is generally supported and used by Web Dynpro ABAP.
Among other things, this new rendering technology provides the following:
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Performance improvements for browser rendering
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Load-on-demand for JavaScript
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Nova Design
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Possibility of embedding Adobe FlashIsland applications
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New Web Dynpro UI elements such as Drag&Drop
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New properties, events, and aggregations for UI elements
The new technology improves the performance of rendering. Rendering is quicker and less resources are consumed on the front end (browser).
All Web Dynpro ABAP applications will be rendered using URLS in the future, rather than with traditional rendering. For end users, the only difference will be quicker response times and a slightly different layout. UI elements and their properties, events, aggregations, and enumerations will now only be updated for the new rendering technology.
More information: SAP Note 1107662 
Differences Between Unified Rendering Light Speed and Traditional Rendering
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New UI elements
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New properties: hotkey and activateAccessKey
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Various new properties, events, and aggregations
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Use of Web2.0 technology (AJAX)
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Fewer roundtrips
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Design Adjustments
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Deactivation of buttons in popups; see Calling Dialog Boxes of the Same Component
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New method IF_WD_VIEW~SCROLL_INTO_VIEW
Settings
The following parameters are available for activating the new rendering:
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WDLIGHTSPEED application parameter
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sap-wd-lightspeed URL parameter
The default value of these parameters is X.
More information: Application Parameters and URL Parameters