Hi nightlite,
I don't have the time to look at this at the moment, but I'll have a look tomorrow or on Monday. I just saw after installing, that the multiplier was changing but I didn't investigate further. Actually I didn't do much except for installing, benchmarking and using the webbrowser and for the last two things the highest and lowest multiplier were ok ;-)
I've read about the possibility to write your own energy states into some dsdt file or so to manually define them.
As I said..i'll have a look at this when I've got more time!
Keep me posted if you find out some way for better powermanagement.