yes....effectively you are running pc1850 ddr for a max bandwidth of 1.85gb/s....yet the nice 150x4=600fsb of the p4 you created has a theoretical bandwidth of 4.8gb/s....If I was guessing and assuming you have a 1.6ghz cpu which you are running 2.4ghz, I would say you are likley equivalent to a 2.25ghz cpu ran with ppl running pc800 rdram or pc2700dd and even worse against ppl running pc1066 rdram or pc400ddr....
I notice my cpu at 1.6@2.624 w/437mhz drr was equal in perfomance in a lot of apps I run and tested to my 1.6@2.72ghz w/340mhz ddr....
Run some test, but in some apps it would better for you to lower the fsb to run the memory higher....
Why are you running memory so low?? You now the memory wont run 300mhz or pc2400??? Even at lowest ram timings??