<< However, I don't think it's unreasonalbe to assume that Intel could have easily released ~2.5Ghz P4 Northwoods on the 7th when they actually announced at 2.2GHz (I say 2.5GHz from the early overclocking results around the web. I'm assuming that overclocking results are an indication of the overall progress of the core here...if anyone disagrees with this we can start another thread, but let's just assume this is true for the purposes of this discussion). >>
I disagree with this. We can start another thread to discuss this, but this point is fairly important to this thread, so I think it's good to discuss it here.
The fundamental difference in my opinion is the difference between "it works ok for me" and what a high-volume manufacturer calls "production worthy". The source of this post is about Intel's Pentium 4 microprocessor, but this discussion is applicable to every semiconductor component that has clocked logic.
Voltage vs. Reliability:
How many of these amazing overclocks involved voltage increases? How many of the people doing these voltage increases have even a faint idea of what this small bump will do to their long-term reliability of their CPU? If the increase cuts the lifetime in half, how many even care? I don't think most would care, but a manufacturing company selling millions will care about a huge number of returns in a few years. So a hobbyist can play around with voltages, but a company spends a lot of engineering time carefully weighing operating lifetime against performance.
Environment:
Intel's parts are specified to operate in fairly harsh environments. The case temperature for a Pentium 4, for example, (according to the PDF datasheet) can be as high as 68C. Think about that for a minute: 68C is 154F. That's just the case temperature - we haven't even looked at the internal die temperature. The design needs to work not just in someone's basement, but in an un-airconditioned building in a desert. In addition, voltage droops are taken into account, so in the example above people are increasing the voltage, but in reality parts are designated to take into account voltage droops on the supply to account for shoddy power supply designs and non-ideal power grids.
Stability:
Lastly of the things that I can think of right now, there's relative degrees of stability. Stability to a manufacturer means that this part will reliably work on every program that is available and any that can be written using valid code. Stability for many reviewers (and enthusiasts) is for it to complete a limited benchmark suite and work for their favorite game. There are frequent debates here at AT (and other BBS's) about whether passing Prime95 is necessary for a part to be "stable". This is a non-debatable issue for a manufacturer and the answer is "of course it has to pass Prime95 to be specified at that frequency." And Prime95 is far from being the worst possible program you could run - contrary to what people seem to think. There are other programs out there that stress the CPU substantially more than Prime95 - they just aren't freeware. Plenty of people considered their systems "stable" prior to the release of Unreal and then complained about bad programming after the game was released and crashed frequently on their systems. It was so bad that Epic (the developer) added a FAQ entry to their page to say "before you call us with problems, make sure your CPU isn't overclocked". True "stability" is working on every program that is available and any one that could theoretically be written using valid code. This is vastly more stringent than merely being able to make it through 3DMark.
So if you take into account voltage and reliability, worst-case operating environment, and stability across every application in existence... how many of the people who say that a processor is a "great overclock" would actually qualify as "production worthy"? If you can barely run your CPU at a given frequency with a $40 heatsink/fan, using a high-quality overspec'd power supply, in a room that is at 70F, with a voltage increase and only on a fairly limited application set - how could a manufacturer release this same design for mass manufacturing?