Hi Kevin, things changed alittle with the Phenom cpu's compared to the earlier A64's.
Hypertransport is still used to connect the cpu to the rest of the components like the northbridge and such. The definition of Northbridge is alittle different now. Many now call it the 'UnCore'. The Northbridge now comprises the memory controller, Level 3 Cache, and of course the main hypertransport bus. The Northbridge runs on its own power plane now and usually runs much slower than the cpu. It helps control power consumption but of course reduces performance since both the memory controller and L3 cache runs alot slower than cpu clockspeed. Before Phenom the memory controller ran at cpu clockspeed. Like the normal Athlon64, Phenom still uses the actual hypertransport bus speed to derives its clockspeed which has a reference clock of 200mhz. Raising the hypertransport reference clock will not only overclock the cpu but the northbridge as well (Since for example the memory controller uses the htt bus clock to derives its total clockspeed as well and like the cpu it multiplys the reference clock provided by the htt bus to determine its total clockspeed.)
I'm really not great at explaining things. I have it right in my head but I can't always put it in words. If there is something you want explaned better just lmk.
Jason