Edgameman,
The BD7 does have bios issues with regard to overclocking, specifically, reboots and the like. These have nothing to do with the processor; they are specific to the motherboard itself. There are perhaps 30 reports of this over on Hardocp. A bios update should fix the problem at some point...but how long will you have to wait?
Honestly, if you are going for an Intel i845D based board, you should go for an Asus P4B266. There is nothing else even close at the moment for overclocking+stability, particularly with the new 1006 bios. No other Intel board gives you the ranges of overclocking options that the Asus does with the new bios. And no other board has reliably overclocked as high as the Asus from hundreds of reports on Hardforum.com.