Hi fellow 3.4C owner. I'm using my CPU in a SB61G2R Shuttle XPC. So I'm using the I.C.E. heatpipe to cool down the CPU, and not the stock HSF. I've been only able to OC the chip up to 3.7GHz - FSB at 218MHz. On other overclocking forums, 2 other people have been able to push the FSB up to 230 for a speed of 3.9GHz. This is using the stock cooler. I'm using some OCZ DDR433 while the other 2 are using Mushkin DDR433. I plan on swapping out a more powerful power supply to see if this helps with my overclocking.
So you will definitely be able to overclock to a minimum of 3.6 with stock HSF. Hopefully, you are luckier than me and get better than 3.7GHz
Edit, oh yeah, forgot to mention I have already bumped up the Vdimm to 1.65v, unfortunately, this didn't help. While the other two, one is at stock 1.55v and the other has bumped his Vdimm upto 1.65v.