Well, I can share you my experience with overclocking.
I've been overclocking since a few years, I always wanted to squeeze every bit of performance out of my machine. I tested them rigorously for stability to make sure I it was really stable. (48 hours of prime and other stress test plus 3Dmark).
Usually, the motherboard is the first piece of hardware to go. The last 3 motherboards I used (all 2 years +) started to act weird after 2 years or so. The first one started to have issues with the mosfets because of running high voltages for an extended period (~1.5 years). The second started to have issues with random reboots of which I think was related to the chipset burning up. The north-bridge got extremely hot, even though it was still "within" specs. The third one same story, although I haven't figured out whether it is a software isssue, or hardware related.
My current board holds up pretty well actually. I oc'ed my e6600 to 3.4 for more than a year, and currently I'm running my e8200 @ 4Ghz. I have to admit though, the moment I'll graduate and find a job, i'm going to replace my computer. I basically loose confidence in my computers do to critical work after 2 to 3 years because of overclocking. The CPU, RAM, GFX etc are all fine, but it is always the motherboard that's acting up.
Anyways, that's my experience with overclocking.
My recommendations is to, overclock the heck out of it, test it rigously for more than 24 hours. Run multiple prime tools, burn in tools and gfx tools. Just stress the heck out of it. Keep an eye on the temps, and if everything is stable, back of your overclock a bit, say 10% so you won't kill your system within a few years.
Back in the days when I was hardcore overclocking, I couldn't care less about the longivity of my computer, because I upgraded my components constantly. I kept my the old ones around though, in my gf's computer of my parents, so I now know what overclocking will do to what components. Now I don't care about overclocking anymore, but do want a stable and fast system that lasts at least a few years so..overclock wisely folks!
Over passionate disucssion on the vitures and problems of overclocking really belong on the dedicated over clocking forums.
Running ANY piece of technology beyond it's manufacturer rated specifications increases its chance of failure. It does not matter if it is a bridge, a tyre or a processor. In all cases, they either work OR they don't.
Overclocking, if done properly, can yield some impressive performance imporvments.
But, the catch here "if done properly". If not done properly, with care, the correct parts, and proper testing, then there is a very high chance you will end up with unstable machine.
Even if done properly, there is still a small chance things could fail, or the life exptancy of the machine could be compromised.
It might be possible to build a very stable quad core i7 or Q6600 running at 3.8 or more ghz, but there is absolutly no data available to say that same machine will still be stable in 2 years, because neither of those chips have been availbe for over clocking for more than 2 years.
Long term effects of over clocking are not well tested, by the very nature of the over clocking comunitiy, most members always strive for the best, the fastest and the latest and greatest, so do not hold onto complete systems long enough for a wide enough range or useable data to be gathered.
I would suggest anyone looking at overclocking thier photography work station spend a lot of time, and do a lot of resurch into the subject. There is "free" performance to be had, but there is also the increased risk of system failure.
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last note:
Heat is the enemy of every electrical equipment, but more so in computers. Cooling is paramount, so invest in a good cpu cooler (use the big ones, big fans=lower rpm=quit) and a good case with preferably 120mm case fan mounts. Small fans make a higher pitched sound, so avoid those. Also try to put a fan on your hard drives, keep them under 50 degrees centigrade. I've seen many hdd dying because of the lack of cooling.





