Just did a little comparison between the powersave and schedutil CPU governors on my RK3588 Pocket Reform using this audio visualizer FFMPEG script and time.
schedutil:
frame= 6857 fps=122 q=-1.0 Lsize= 13943KiB time=00:04:34.24 bitrate= 416.5kbits/s speed=4.88x
286.49s user 9.79s system 525% cpu 56.422 total
powersave:
frame= 6857 fps= 81 q=-1.0 Lsize= 13943KiB time=00:04:34.24 bitrate= 416.5kbits/s speed=3.24x
490.38s user 10.15s system 588% cpu 1:25.09 total
Roughly a 71% increase in performance when running on schedutil for this specific task which should be almost entirely CPU bound because the I/O part is really small.