Hi Dale,
just tried a little bit of playing around with my own system in an effort to get an answer for you and what do you know, it was pretty easy to get down to 2.2 GHz. Just set the CPU Clock Ratio to X11, disable the Turbo Core Boost option (not sure if your mobo BIOS has this) and then leave everything else on AUTO. Rebooted and had one much slower but fully functioning PC. Now how hard is that? Once you have checked out , how the system runs with the CPU set at 2.2 GHz then you can start to play with reducing the voltage on the CPU.
Pulling back the CPU Voltage is going to be a little harder and, as each CPU/Board/RAM combination works differently it really is going to need a hands on approach. As I mentioned earlier, I have been able to run my CPU at stock speed 3.2 GHz and been able to reduce the voltage by .050V. If I go lower than that it becomes a little glitchy. Obviously, with the under-clock you are hoping to achieve, you should be able to reduce the voltage a bit further but I guess this initial .050V reduction is a good place to start.