The default speed is 998MHz, to overclock, you must use an app like SetCPU.
[I]Since 0.5: [/U]
Please note, the version number is for my personal tracking. For you guys, you can call this 0.6 if you'd like, but here's 1.6:
Added one more frequency (1.036)
Finally got Smart Ass governor to where I want it, so battery should improve on that setting
Backport of 2.6.39RC2 OnDemand governor (thanks, Imoseyon)
FPS Cap raised (thanks Adrynalyne)
Updated Ashmem driver (Thanks, Cyanogen)
Low memory killer adjustments from CM-Kernel
Death Ray mode for flashlight
Audio and Battery Charging tweaks from Adrynalyne
Wifi PM=Fast in standby
Debugging stuff removed for better performance
GPU+ from CM. This has been in for a while, I just found out it was in place a few hours ago when I tried to implement it :P
Reverted to BFS v357 for better battery life
Changed to arm-eabi-4.4.3 GCC instead of 4.4.0
Updated kernel to 22.214.171.124
Undervolted more on the low end, and added undervolts to the mid range
Updated BFS patch to v363
Undervolt a little more on the low end, add frequencies up to 1.8GHz
Bug fixes and WiFi fixes
Tweaks to Smart Ass Governor
Patched in BFS
BFQ Default I/O Scheduler
Smart Ass Governor added
Interactive Governor added
I comply with GPL.
My boot.img has full init.d support.
I AM NOT RESPONSIBLE FOR YOUR PHONE BLOWING UP IF YOU KEEP IT OC'ED TO 1.8GHZ. BY DOWNLOADING THIS, YOU ACKNOWLEDGE THAT IT IS THERE MAINLY FOR EXPERIMENTAL PURPOSES, NOT TO COOK YOUR STEAK
Big thanks to Jake Day, JT1134, Adrynalyne, P3Droid, Pershoot, Cyanogen, Slayher, Con Kolivas, and anyone else I can't think of, but they're probably credited correctly in my source.
If you like my work, consider donating to help me get my plane ticket for Google I/O!