The most obvious answer is that the problem is not with rails, but with domain hosting (i.e. your DNS is very slow).
Try downloading another application (perhaps the Sinatra welcome world) and see if it shows the same symptoms.
If so, then your domain provider is to blame.
If the problem persists, increase the log detail and see if any SQL queries are an obvious bottleneck.
, Webrick. , . . Apache - : http://www.modrails.com/