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knowing this I think that this situation can be extended to all those incapable of rational thought.

Good, that's part of it. Infants, small children and those with mental difficulties would not be expected to be able to show or use "knowledge" of Jesus, yet we don't believe they are all cast into hell for this deficiency.

however if your inquiry is about the proverbial bushmen.

Something like that.

The Bible says there is enough in God's creation (i.e. nature) to cause a person to seek after Him and that if anyone did that he would honor it (I believe by bring him to a saving knowledge of Jesus as Lord and Savior).

Exactly. But I believe that there can exist circumstances where a person is being honest and open to God, He leads them to have the faith necessary for salvation. Even if they have no way of knowing the details of Jesus.

Knowledge is not faith and ignorance (when not in the person's control) is not damnation.

Well for the most part I agree with you except I believe that God being Who HE is will bring that person who is (by the prompting of the Holy Spirit)seeking after Him to a saving faith in Jesus. I have heard stories of Divers finding tracts in artifacts at the bottom of the ocean. Of bibles falling out of the sky only later to find out that it was tossed out of an airplane. of missionaries being blown off course and finding a remote tribe never before seen and leading them to faith in Jesus Christ as savior. If someone will follow God far enough he will lead them to a saving faith in Jesus.
however since God is Soverign He has the Ability to control any circumstances and change them.
So your supposition that there could be "certain Circumstances" is I believe impossible!

There's an excellent book written by Don Richardson (author of The Peace Child), called Eternity in Their Hearts that deals with the issue of people who live where the Gospel hasn't been preached. God leaves evidence of Himself everywhere for those who seek.