Many readers will think the term "Central Governor" smacks of a contrived, all-purpose agent used to conveniently explain away all manners of as-yet-not-understood phenomena. However, the interplay of human biological processes is not completely comprehended, and the unexplained regulatory mechanism (if there is one) needs to be called something until it is explained.
Tying up during prolonged anaerobic exercise provides built-in protection against muscle cell damage and other nasty consequences of low pH. It is likely that if Noakes's "Central Governor" exists, it is within some of the more primitive structures of the brain such as the cerebellum and the reticular formation, which help maintain balance and orchestrate positional changes to produce movement. These brain structures are continuously processing information which is influenced by a host of factors. Even the most simple and thoughtless movements, such as tapping a finger on a desk, require a rather complex interaction of the cerebellum, basal ganglia, proprioceptors, etc. Your volitional thought of "tap finger" is all you are aware of, but to summon the precise motor neurons to achieve the task with the least energy cost is a more complex undertaking than meets first glance.
More advanced movement patterns which require more (or larger) motor neurons require a greater mental exertion, and mastery involves continual practice. When you learned to walk, you fell down a lot as your central nervous system could not yet summon the precise motor units in an orchestrated sequence and the muscles in your feet and legs were not yet strong enough to simultaneously bear your weight and balance it on one foot at a time, yet alone propel you forward. But as an adult, walking is practically a thoughtless activity. You think, "I'll go to the mailbox," and you get up and do it without normally wondering how many times you might fall down on the way. Walking is a low-intensity activity for a normal adult, and it requires many motor neurons which are fairly small and are responsible for posture and finer movement patterns. These motor neurons supply slow twitch muscle fibers, as may be found in the soleus muscle (instrumental in standing). Running, particularly sprinting, requires an enormous mental act of summoning a vast continuum of motor neurons and muscle fibers which involve not only force, but balance, precision and coordination of movement.
You correctly pointed out a distinction between general conditioning and specialized event preparation. In mentioning hills and sprints as increasing force production, it is also worth noting that economy (requirement for less energy expenditure) can also be influenced through the use of hills and a few drills, although I would discourage the use of full-speed sprints during a period of base training until other neuromuscular qualities were acquired. I'll explain the rationale behind that in more detail (and with an analogy or two) if asked, but it goes back to the previous concept that forceful muscular contractions simultaneously require balance and precision of movement in order to minimize energy expenditure. Practicing exaggerated, rapid-fire motions which involve both force (neurons with a high threshold for activation) and stability (neurons with the lowest threshold for activation) will train the central nervous system and all its complex feedback mechanisms for complete mastery of the task at foot. This results in the minimum energy cost and the most efficient forward propulsion.
Regarding the original topic: It doesn't really matter whether the dissociation of lactic acid is immediately responsible for protons which interfere with muscle movement or if those protons are by-products of reactions further down some chain of events. That is to say that it does not make much difference to your training if high lactate production turns out to be the cause of, a consequence of, or simply concurrent with "tying up." What does matter is 1) recognizing that tying up and laboring too often results in inefficient movements, reduced time spent running, feeling stale, and potential cell damage (therefore making many forms of anaerobic training low in cost-effectiveness) and 2) learning to identify physical feedback that signals such laboring is imminent. It so happens that exceeding the lactate threshold is a prelude to the onset of struggling (whether it is the cause of struggling or not). Since blood lactate measurements are now relatively easy to obtain (and can be correlated with heart rate and, in a more subjective sense, with perceived exertion), why not use the lactate threshold as an objective marker for effort intensity? Someday the entire notion that there is a "lactate threshold" may be debated or even discarded, but how you feel during that stage of effort between "in control" and "in trouble" will always serve as an effective training barometer.