As Woody says . . . the RAV is no race car . . . but . . . it also depends on what configuration you go with. The 2DR 2WD 5SPD is quite a bit peppier than the 4DR 4WD Automatic.
My 2DR 4WD 5SPD, does "OK" for me. I am occasionally disappointed on the highway, when I'm unable to out accelerate the competition ;-) but in most cases, it's my fault for not dropping down a gear.
Regarding hills . . . I'd say the 5SPD has a definite advantage over the automatic. I don't have any problems with hills and inclines, even when towing my popup camp trailer (1000lbs.) I'm able to keep up with (and even pass :-) the main flow of traffic.