First off, it's likely the rear derailleur hanger that is bent and not the RD itself. There is a Park Tool that indicates how off the hanger is and allows you to bend it back by hand:
http://www.parktool.com/repair/readhowto.asp?id=39
Most aluminum frames come with removable hangers that are meant to be replaced if bent:
http://www.sheldonbrown.com/harris/hangers/
If it's really the RD, I'd just replace it.