Description of problem:
Well, to start I must say I'm not really sure this is cpuspeed related nor that
this could be intentionally done, anyway here we go.

The init script from cpuspeed checks the throttling capabilities of the CPU with
the following line:

if [ -f /proc/acpi/processor/CPU0/throttling ];

it clearly assume that CPU0 is the right place to look into.
With kernel-2.6.15-1.1831_FC4 this is OK in case of single CPU systems (which is
the common case, I guess).
Unfortunately kernel-2.6.15-1.1831_FC4smp (at least with P4 HT), does not have
this directory, it has:

/proc/acpi/processor/CPU1/throttling
/proc/acpi/processor/CPU2/throttling

so it start to count (I dunno why) from 1 instead that from 0 (funny, because
the sys filesystem has cpu0 and cpu1...).
Clearly the init script cannot find "throttling" and so it assumes the
capability is not there.

As said before, this might be a kernel issue, nevertheless I guess that the
script should be somehow more careful in the file test.

Version-Release number of selected component (if applicable):
1.2.1-1.24_FC4

How reproducible:
Always.

Steps to Reproduce:
1.
Check the script
Check the /proc/acpi/processor/CPUx on a P4 HT with SMP kernel
(2.6.15-1.1831_FC4 at the time of writing).
2.
3.
  
Actual results:
The check fails and no throttling capability is detected.

Expected results:
The check should detect that the CPUs have throttling capability.

Additional info:
Actually the script works fine if the /etc/cpuspeed.conf set properly, with the
correct driver (p4-clockmod).