Yes, some sort of hi-tech 'super-light' may fit the bill, but in many ways the whole sabre thing does not look like an optical phenomenon. Here are the theories on sabre design I got from the Australian nuttter who runs that site...
1. Monofilament Cahin (largely discounted)
2. Tightly-focused field (a sort of mini forcefield generator, used offensively)
3. (Deep breath) Arc-fold-back-electromagnetic-waterfall, as suggested by West End Games, to do with magnetic poles.
4. Field-contained substance- lethal cutting stuff held in a forcefield (as we know, forcefields can hold energy, but pass through physical objects)
5. Self-contained substance- The plasma model, as discussed above. Some kind of energy cutting-stuff that can hold a solid form
6. Combination of the two above (a bit weird)
7. "Virtual light produced from a spinning field surface"
A highly complex based-in-physics theory, taking advantage of the light-as-both-particle-and-wave stuff also discussed above. It too uses a 'hi-tech light' reasoning.
8. A conmtained gravitic well. Like havigna portable black hole sword!
This may all sound a bit mad... and it is. But if you like your pseudo-tech, there are plenty of pros and cons for each model.