Commonly, techniques such as supersampling or multisampling are used to produce high fidelity images.
I've been messing around on mobile devices with CSS3 3D lately and this trick does a fantastic job of obtaining high quality non-aliased edges on quads.
The way the trick works is that the texture for the quad gains two extra pixels in each dimension forming a transparent one-pixel-wide outline outside the border. Due to texture sampling interpolation, so long as the transformation does not put the camera too close to an edge the effect is not unlike a pre-filtered antialiased rendering approach.
What are the conceptual and technical limitations of taking this sort of approach to render a 3D model, for example?
I think I already have one point that precludes using this kind of trick in the general case. Whenever geometry is not rectangular it does nothing to reduce aliasing: The fact that the result with a transparent 1px outline border is smooth for HTML5 with CSS3 depends on those elements being rectangular so that they rasterize neatly into a pixel grid.