It seems the relationship of the SLOTKET to the MOBO is the key factor in alot of Celery II oclocking. I've seen so many people here say This slotket works with This MOBO. Generic slotkets work fine with some chips and some MOBO's , mostly they don't work well.
Some of the choices (ABIT,ASUS,IWILL,MSI) work better on some boards, but not so good on others..
I've yet to see a chip not run at like 81X8.5, but you may have gotten an UBER-DUD. Sell it on fleabay to recover your money, or fry it if its under warranty(!!) and return it for another try.
I'd strongly look at the slotket. Keep in mind Many MOBO's dont honor the voltage setting of the SLOTKET, rather, use the bios settings regardless of the SLOTKET's voltage setting. ABIT comes to mind in this case. However other boards, rely solely on the dip switch settings.
Flash your bios, with the clean option and the latest bios rev to ensure the MOBO has got the latest rev BIOS and a clean settings slate for the transition to the PIII world.
Maybe some others can comment on their SLOTKET <-> MOBO success and failure combinations.
For me:
MSI <-> Intel 810 , flawless, uses jumpers to set voltage.
ABIT <-> ABIT BH6 , 850 max at 1.75, bios QN, Voltage flash trick, does not honor SLOTKET voltage AT ALL.