So it is true.
I've installed CoreDuoTemp, and true to life as soon as the battery was popped it changed to "2.33 GHz" from "1.0 GHz".
What I don't get is that everything behaves the same, nothing feels faster. I ran the trial of Photoshop CS3, messed with it quickly, but it still has the exact same response.
Something else I've noticed is that I can't run Doom 3 on the battery alone. It works as soon as I plug in the power (with the battery still in) and works without the battery (obviously with AC in). What I don't get is that the performance is pretty much exactly the same. I thought that doom 3 and quake 4 are more cpu intensive, so why is the performance the same in both scenarios?
I'll run some more tests.