Cripes, this update is a complete disaster! Everyone should make sure to backup those two files before you update!
What it seems to do is it permanently locks the CPU to 800Mhz, and it seems like no matter what you run on the computer, it never goes above 800Mhz, no matter how much strain you put on the CPU.
For example, I have zoom effect enabled on Dock, and before the update, the CPU speed would jump to 1200-1400MHz when I'm quickly moving pointer over the dock, as to make the dock move smoothly. Same would happen when I move larger windows around quickly. After this update, dock and windows move around choppily as the CPU speed never goes above 800Mhz.
Much more tragic example - I have a website / presentation in Flash that I targeted to run smoothly on Air, as it's pretty much the lowest CPU speed for anyone who has somewhat up-to-date computer, and when I would run the presentation, MBA used to jump the CPU speed to 1600MHz instantly. Not a problem, it was meant to max the CPU, it's a complex and intensive presentation after all. The presentation ran smooth as butter.
Well, after this update, when I run the presentation, CPU stays at 800MHz and the framerate crawls at about 5FPS. I got really scared that my MBA has just become a useless pile of junk after this update (I really don't need a damn 800MHz computer that can't even run my own portfolio presentation, much less run any more demanding design productivity software) but thankfully, after re-enabling Coolbook (which I disabled for the duration of installation of this update), the computer started behaving just the same as before, going to 1600MHz when it's expected to. Phew...
Now the problem remains that my website (and I'm imagining, TONS of other complex Flash websites, and websites that use larger size flash videos) will become pretty much unwatchable to anyone who has MBA, after installing this update.