If you just want to see your current CPU speed? I use cpufreq-info. Looks like this. 
Code:
wyatt@Tsubasa ~ $ cpufreq-info
cpufrequtils 002: cpufreq-info (C) Dominik Brodowski 2004-2006
Report errors and bugs to linux@brodo.de, please.
analyzing CPU 0:
driver: acpi-cpufreq
CPUs which need to switch frequency at the same time: 0
hardware limits: 800 MHz - 2.00 GHz
available frequency steps: 2.00 GHz, 1.60 GHz, 1.33 GHz, 1.07 GHz, 800 MHz
available cpufreq governors: conservative, ondemand, powersave, userspace, performance
current policy: frequency should be within 800 MHz and 1.33 GHz.
The governor "ondemand" may decide which speed to use
within this range.
current CPU frequency is 800 MHz.