Use Phenom MSR Tweaker instead, it works really well.
Turn off cool and quiet in bios, boot up, load MSR Tweaker, set custom power states in P0 and P1 that are exactly the same, these being your full overclock power states, ie at HT 250Mhz, then set the multi to X16, set CPU voltage, up to 1.55V and set your NB voltage, then set your down clock power states in P1, P2 and P3, I uses X10, X6 and X4 multi in these, also you can set the voltage for these lower levels also, people have played with these a lot and actually found lower voltages for the lower clocks that are still stable so it uses even less power.
Then after setting them up hit apply, then hit service, disable the turbo in service, then hit enable custom cool and quiet and hit apply, then if all is well, you can tick, make P state permanent and hit apply again, it writes the values to the registry and next time you boot up you will see the custom cool and quiet working.
Best thing is Windows 7 still reports the right CPU frequency in system because actual cool and quiet is turned off.
Hope this helps someone!