DDR2 = Intel. AMD chose not to go with it becuase currently, sure, they hit high speeds.... but that's all negated by the terrible latency.
Divider... simple explanation below:
In simple terms, when you overclock, your RAM and your CPU run at the same speed. The stock speed would be 200 mhz.
Assume you have a 3000+. This is 200 mhz * 9 multiplier = 1800mhz. Then when you your CPU speed by .... 50 mhz, then it would be 250mhz * 9 = 2250mhz. However, your RAM will also run at 250MHZ. Depending on your RAM, it may or may not be able to handle that speed.
Now comes the divider. It's basically the ratio between your RAM and your CPU speed. So the default divider is 1:1.
If you choose a 5:6 divider in the BIOS, and your CPU is running at 250*9, then your RAM will run at 250 * (5/6) = 208mhz.
You lose a bit of performance from this, beucase your RAM would be running at 250mhz, but now it runs at 208mhz. No big deal though, it won't make too much of a difference on Athlon64. On the bright side, that's better than the stock 200 mhz.
^-- dividers in a nutshell.
-The Pentium Guy