Yes morris14ccm, Plug it in to the PSU and USB to Computer. Download CGMiner 3.7.0 and run it.
running 360MHz stable

Adding slub to the end of cmdline.txt has my pi back up and running like it's old self again. It's been hashing away without any problems for the last hour or so. I started playing around with the clock settings and 360mhz was the highest value that my K16's would actually hash at. What is weird is that at 360mhz they only hash at about half speed. I get around 2.5 to 2.8 gigahashes at 360mhz. The highest I can go on mine and still have full speed is 352mhz. If I change it to 353mhz the hash rate drops dramatically.
Chad
Since the board uses two groups of 8 chips, and each group has it's own regulator, it is possible that regulator on one side (for one group) cant keep up with the other one - so one side is without power when clocked that high and another one is hashing. That would explain why you get half of the hashrate at higher clocks.
Possible to latch the output of the two regulators together in this case as a work around?