Fried a Core2Duo E8400 at 3.6GHz after only 1 year. The worst CPU I've ever had. My current i5 2500K has purred along at 4.5GHz for 2 1/2 years now perfectly. The best CPU I've ever had. Go figure.
I have degraded a CPUs maximum overclock, I have blown multiple motherboards but I have never actually made a CPU fail from overclocking.
Strange, I've had the opposite luck, my E8400 is still happily running at 4.2Ghz in my HTPC. I love my i5-3570 too but the E8400 had a much higher % overclock.