R-pentomino
glider
toad
pulsar
Light-weight spaceship
Gosper Glider Gun
You can change the speed, grid size and number of cells using the sliders. Very high speeds are limited by your computer's number-crunching powers (and admittably, my implementation). Use the Random seed input to generate a random starting pattern with a certain percentage of living cells. The Presets menu can be used to load pre-defined starting patterns.
For more details on Conway's Game of Life and inspiration on patterns, see the Wikipedia page.