This would imply that the main roadblock to stable high O/C is the hard drive on the PCI bus (which is connected to the AGP bus) running out of spec.
At 190 FSB with a fourth divisor the bus is 47.5, but with fifth it is 38, still overspec, but not by much.
All the liquid nitrogen guys use the HDD in lowest PIO mode to boot at crazy O/C speeds.
What would be a dream is a board that auto compensated for FSB in both PCI and AGP at ANY setting to keep them right at spec.
On the other hand, you may have lucked onto a super RAM stick.
Edit: Try everything PIO mode 4 in BIOS @200FSB