Don't know if it's really bug, or it is some "improvement", but it's different compared to 3.12 kernel which works.
It's strange, but if I change the min. frequency after boot and set powersave governor, the boot is faster than when set min freq. in config.txt, even when used turbo.
I've tried this config fo TC7:
arm_freq_min=400
arm_freq=1000
core_freq=500
sdram_freq=600
over_voltage=6
initial_turbo=60
with this modification in bootlocal.sh:
echo powersave > /sys/devices/system/cpu/cpu0/cpufreq/scaling_governor
When I use this config on TC6:
arm_freq=1000
core_freq=500
sdram_freq=600
over_voltage=6
with this modification in bootlocal.sh:
echo 400000 > /sys/devices/system/cpu/cpu0/cpufreq/scaling_min_freq
echo powersave > /sys/devices/system/cpu/cpu0/cpufreq/scaling_governor
The TC6 is 2 sec. faster at boot with the same SD card, same config of the initrd file (build from scratch from TC7 repo).