So the way I'm overclocking is with the dvid method. This lets voltages be variable according to load on gigabyte boards. Basically I select normal vcore and choose the offset. What that will tell the board is my maximum allowed voltage, whilst keeping the power saving and voltage variability present. To put it more clearly, if you have your board on all auto at completely stock settings, you'll notice that at idle or low loads your vcore will be like 0.8v but at full load you'll be like 1.26v. However when you punch in a vcore of say 1.3, it stays 1.3 (roughly) regardless of load. Thats because you've put in a static voltage and turned off the stock voltage variability. To overclock whilst keeping that voltage variability, you have to overclock using the dvid method. On gigabyte boards for voltage pick normal (you actually select normal, and not auto or a manual entered value) and for dvid choose the increases or decreases that is equivalent to the static value you want. If stock is 1.3v, and I want to run my cpu at 1.25, I choose an offset of (-) 0.05v. If stock is 1.3, and I want to run my chip at 1.4, I choose an offset of +0.1V. And so on. However with both, if my chip is idle and running at those very low speeds the sandybridge processors enter to save power, the voltage will also drop dramatically as the chip was designed to do; when you enter a manual value into the voltage setting that voltage drop for power savings is what you are turning off.
My cpu idles at like 22-24 degrees because at idle or low loads my vcore is like 0.89v and I have EIST, cie, s3/s6 on so my speed is like 1500mhz or less. However when running prime95 or linx, my vcore is roughly 1.26 (which is still 0.4v below the stock value) and my speed ramps up to 4.4ghz. To go to 4.6ghz max, I have to increase my dvid from -0.4 below stock to 0.15v above stock (stock is approx 1.36v). What I'm saying is that after a prime95 run, my temps are reported to be 55-58 degrees celcius at 4.4ghz and 1.26. However to go to 4.6ghz, my temps go up to roughly 62-64 degrees celcius and my vcore is reported to be 1.33. I don't care about the idle because idle is always ridiculous low due to power savings regardless of how high my offset is. its the load temps and load voltages that matter to me. I guess though I need to check what my core temps are. All I'm looking at is what the board is reporting. Still you guys feel like 1.33 isn't that bad so maybe I'll see if I can't get a little but more out of the chip.
Hope that clears it up. Dvid method basically lets you save power at low loads, keep your cpu cooler at low loads, but may sacrifice some overclockability because you do lose some stability as you're getting close to your CPU max speed (after all you're jumping from like .8v to 1.33v.