For those not reading the full project page or the README: this module improves speed by rendering Views fields simpler and more efficiently. If you find that after turning the accelerator on for a view, fields don't render quite as expected and the tips in the README don't help, then you should switch the accelerator off for that view.
Views Accelerator can bring about significant speed improvements on sites with views that cannot be cached normally, for instance because the views depend on an aspect of the visitor's session, like their location. Views Accelerator serves up two modes of operation.
Analysis mode: Switched on from the module's configuration page, admin/config/system/views-accelerator, this displays at the top of the screen a performance summary for each view on the page. If performance is already great, tell your boss or customer. If it isn't, take a screenshot of the performance summary and proceed with the
Accelerator mode: On views that could do with a boost, find and click the Caching option link in the Advanced section of the Views UI. It will reveal a new pseudo-caching option: None. Post-execution optimized by Views Accelerator. Select that. Revisit the page with the view(s) and compare performance stats to the screenshot you took earlier. Win? Then tell your boss or customer.