The raw table in iptables can be used to set a NOTRACK flag on a packet, and that packet will not traverse the ip_conntrack stuff.
So for a busy webserver, you could disable tracking for web connection states:
iptables -t raw -A PREROUTING -d <server IP> -p tcp --dport 80 -j NOTRACK iptables -t raw -A PREROUTING -s <server IP> -p tcp --sport 80 -j NOTRACK
Or on a machine that is routing between several internal networks and also NATing external connections you could disable tracking for the internal to internal stuff.
iptables -t raw -A PREROUTING -s 172.16.0.0/16 -d 172.16.0.0/16 -j NOTRACK
On one of our core Linux routers the number of ip_conntrack entries dropped from an average of 65-70k down to about 2k.
