Hello,
While I'm unsure if this approach is entirely new, I've developed a technique for rendering laser bolts or lightsabers that looks realistic from all angles in 3D, even when viewed directly head-on. The effect also works with perspective distortion. It's not based on post-processing blur or traditional billboarding techniques, and it only requires 6 cleverly-positioned triangles, so it's cheap to render.
Here are two screenshots showing the effect with laser bolts of varying colour and width. Note that the red laser bolt looks realistic when viewed head-on, even in the presence of perspective distortion.
[attachment=33955:laser-shot-1.png][attachment=33956:laser-shot-2.png]
I've posted an explanatory 2 minute video on YouTube describing the effect. The video also depicts a wireframe overlay at one point to clearly show what's going on.
Complete source code and executable for the program used in the video demonstration (and the above screenshots) is available here.
A more complex example showing a lot of batch-rendered laser bolts is available here.
I hope someone finds this useful.
Thanks,
Geoff