If you have a Bitmap object that needs to be passed to numerous methods (about 10), and finally to an event where it shall finally be disposed of after it\'s used, would it
Since Bitmap is a reference type, there is no practical difference for performance in this scenario as it is already being passed by reference to the method.
I'd recommend Jon Skeet's article on the subject for a thorough explanation of how "by reference" and "by value" work in C#.
The 'ref' doesn't pass the object itself into the function, instead it passes a reference to the variable it is stored in/at.
If the object is a class or an interface, then whenever you access that variable in the function, it has to dereference it, and then access the variable. If it was passed in without the 'ref' keyword, then it wouldn't have to do the dereference step (thus it will be slightly faster).
If the object is a struct (or enum or other base type), the 'ref' keyword passes a reference to the variable that stores the struct, which still causes the SLIGHT speed hit of dereferencing whenever you use it, but if you don't specify it, then the program has to allocate memory for a new instance of the struct and then copy it. In most cases, it is faster to pass structs via the ref keyword, but this may not be the case if it is a really small struct, or if it's dereferenced a lot (and I mean a LOT).
So if you are passing a struct, then ref is usually the way to go, otherwise there won't really be much of a difference (the overhead in the dereferencing phase is minuscule).
Oh, and to actually answer the question, a Bitmap is a class, so the 'ref' keyword won't really make a speed difference over a non-'ref' parameter.
Which type are you using exactly for holding the Bitmap? For example, System.Drawing.Bitmap is a reference type/class. When you pass a reference to a method (as an argument), the reference is passed by value. (A copy of the reference is made... not the object) So four bytes would be allocated on a 32-bit machine to hold the copy.
Using the ref keyword has not much bearing on performance except that the same reference is passed (a copy of the reference is not made). It has the following benefits
Bitmap is a reference type. Passing a reference type by value does not copy the object, merely the reference to the object. There would be no performance benefit to passing the Bitmap by reference instead of by value.