ts3433's got it right -- on the AXP setup, running your RAM and CPU synchronously will provide better performance. I don't have any benchmarks aside from anecdotal evidence.
ASUS A7N8X Deluxe 2.0
AMD Athlon XP 2800+ (333MHz FSB, Barton core)
Corsair TwinX1024 LL RAM, 2-2-2-5
ATI Radeon 9800 Pro AIW 128MB
Sure, I could run my RAM at PC3200 speeds (and the 2.0 board won't have a problem with that at all), but my overall performance will actually be slightly *lower* than if I keep it at PC2700. It works the opposite way (say if I had a 400MHz FSB CPU and ran my RAM at PC2700) as well, though the performance hit will be greater. Though the 400/333 setup wouldn't be horribly bad, I would certainly postulate that the 400/266 setup would leave your CPU "starving" for memory bandwidth, as information is just not being pushed through fast enough.
Like I said, sorry for no links to benchmarks (I know, "Bad Mustard! Bad! No biscuit!"), as I'm usually the guy with 5+ links in his posts, but I'm hoping you can accept anecdotal evidence in place of some real world benchmarks.
