I suggest you use the hash (but keep reading for other alternatives).
Why?
Allowing arbitrary named arguments makes for extremely unstable code.
Let's say you have a method foo that you want to accept these theoretical named arguments.
Scenarios:
The called method (foo) needs to call a private method (let's call it bar) that takes no arguments. If you pass an argument to foo that you wanted to be stored in local variable bar, it will mask the bar method. The workaround is to have explicit parentheses when calling bar.
Let's say foo's code assigns a local variable. But then the caller decides to pass in an arg with the same name as that local variable. The assign will clobber the argument.
Basically, a method's caller must never be able to alter the logic of the method.
Alternatives
An alternate middle ground involves OpenStruct. It's less typing than using a hash.
require 'ostruct'
os = OpenStruct.new(:a => 1, :b => 2)
os.a # => 1
os.a = 2 # settable
os.foo # => nil
Note that OpenStruct allows you access non-existent members - it'll return nil. If you want a stricter version, use Struct instead.
This creates an anonymous class, then instantiates the class.
h = {:a=>1, :b=>2}
obj = Struct.new(* h.keys).new(* h.values)
obj.a # => 1
obj.a = 2 # settable
obj.foo # NoMethodError
args?