Ok, as far as I understood, it means that CPU% is the percentage of CPU dedicated, that is, if I have a Core 2 cores, and colo 10%, the VPS will use 10% of CPU Dedicated ??? Is that so?
If the your server has 4 cores and you are assigning 2 cores to VPS with 200% of CPU then the VPS will actually utilize 2 physical cores to 100% of the dedicated server.