I use SetCPU only to apply AndreiLux's settings. When I moved over to ICS, SetCPU gave me a lot of freezes so I uninstalled it, but when AndreiLux made his setting public, I reinstalled SetCPU and I allow it only to govern the governor.
... gulp ... ave battery life ... erm ... I am messing so much with my phone that I can not really say ... but I guess with normal usage (as I did on my previous phones), I would get about 2.5days with +-3.0hrs screen on time and about 90mins phone calls. Just for kicks, I tested over the weekend and got past 6hrs screen on time - but that was just to compare it to what othjers say on XDA. There are guys getting in excess of 8hrs screen on time, but I can fake that easily. I think if I do a faking exercise, I will get more than 10hrs
Min threshold ... sorry, you lost me there - which setting are you referring to?
Just a note: All the above settings are acceptable to me. I want a stable phone with good battery life. On these settings, I don't get any freezes or SOD's