Blue Eye Macro

Dal is right it looks like your reducing the cooldown when in reality the client side clock that tells the game client that it has to update the cooldowns visually is running faster so at 2x speed when the cooldown says its finished its actually halfway done.

But as a side note ive noticed everyone thinks that the speedhack is only usefull at high speeds im gonna kill that theory now.
If you load up an offline shooter like farcry and set the speed to 0 everything will freeze but you can fire off one shot so for instance set a speedhack increment and decrement key and set it real low aim at something.
Turn it down to 0 shoot(preferably while aming at weak spot) put it back up one.
Watch them drop.

In otherwords virtual bullet time and the ability to get off a good shot without steady hands(im a sniper in fps by nature and pretty damn good at it so i dont bother with this except for games with no sniper rifle or no single shot mode on the AR like farcry)