My reccomendation is to use the highest possible FSB that is stable on your system as FSB overclocking will yield better results. For example, a 1200 TBird clocked 9*133 is faster than a 1200 TBird clocked at 12*100.
So go for the FSB first, see how high you can get with a stable system (by the way, the best way to do this is use the Prime95 Self test or Torture test). If you get to a point where the system is unstable, then back down a bit with the FSB and up the multiplier. What you want to find is the combination which yields the highest FSB and highest overall MHz. I know this wasn't the best explanation, but you should be able to figure it out.
I have an A7V133 with 512 Megs of Crucial RAM. I am currently running my system at 8.5*149 (yes I know this is a piss-poor overclock with my 1200 Athlon, but the chip just will not run stable over 1280, and 1270 in the summer). So hitting 150 FSB is very attainable. Some have gotten well over this on the A7V133.