From our software it seems the DIV_SELECT is bit0 not bit1 as the RM stated
================ SystemInit fxn @ /src/cpu/system_Vybrid.c ================
/* enable all the PLLs in Anadig */
ANADIG->PLL1_CTRL=0x00002001; //PLL1 (System PLL) --> POWERDOWN=0, BYPASS=0, ENABLE=1, DIV_SELECT=1 (1->Fout=Fref*22, 0->Fout=Fref*22=>24M*22=528MHz)
ANADIG->PLL2_CTRL=0x00002001; //PLL2 (PLL 528) --> POWERDOWN=0, BYPASS=0, ENABLE=1, DIV_SELECT=1 (1->Fout=Fref*22, 0->Fout=Fref*22=>24M*22=528MHz)
/* PLL3 --> 480 MHz PLL for USB0 - leave as default */
So it seems there is an error in RM and DIV_SELECT is indeed bit0 and bit1 is Reserved
Actually in imx6 the CCM_ANALOG_PLL_SYS has this distribution.