On my laptop:
uname -a
Linux tor.linux.net 2.6.27.29 #1 SMP PREEMPT Sat Aug 15 09:49:15 MDT 2009 i686 Intel(R) Celeron(R) M CPU 430 @ 1.73GHz GenuineIntel GNU/Linux
ls /var/log/packages/gambas2-runtime-2.10.2-i586-1vl60
vcpufreq-loader.gambas
vcpufreq-loader enabled in config...
CPUFreqPath: /sys/devices/system/cpu/cpu0/cpufreq
Set scaling governor CPU0: ondemand
Set scaling max freq. CPU0: 1733000 (1.733 GigaHertz)
Set scaling min freq. CPU0: 217000 (217 MegaHertz)
vcpufreq driver: p4-clockmod
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On my desktop it works fine. I do get the freq readout.

Some vitals about it:
2.6.31.8 #1 SMP PREEMPT Mon Dec 14 19:28:23 MST 2009 i686 Intel(R) Core(TM)2 Duo CPU E8500 @ 3.16GHz GenuineIntel GNU/Linux
Same gambas2-runtime as above.
vcpufreq driver acpi-cpufreq.
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Upgraded to gambas2-runtime-2.15.0-i586-1vl60 (skipped the mysql and postgresql deps, though). No change.