Well he didn't let it lock after reboot. So once settings were applied at boot, they stuck because he didn't let it lock...maybe? Not sure. Let me try installing doomlord's, booting, applying CPU settings, shutdown, install test 14, check settings, lol.
I just did that, it won't change in real time like SetCPU. So try doing this real quick. Set min 122 smartass gov, apply. Exit no frills, then lock unlock your phone. Open nofrills. What does it says on the left side under Min freq and governor? Does it stick?