I can't say what Windows 8 would do or mean with its built-in reporting.
I have a list of things I'd recommend to anyone who overclocks. Among these, even if it costs a little money, I'd say get a spare HDD like a WD "Blue" drive that can hold your OS and essential monitoring software; it can be used later for imaging or cloning. But first use it while you make your overclock tweaks.
This would alleviate both the anxiety and actual risk of disk corruption through successive BSODs until you find your stable settings.
Said it enough . . . but I began to have a pattern of instability episodes that would only occur every week-and-a-half of 24/7 operation. Folks here kept urging me that it was my OC settings, but I was convinced it wasn't, and I seem to have been correct. Instead, it was a matter of buggy drivers and mis-installed drivers -- for instance, my network -- which were always generating red-bang errors in the Event Logs.
Since the resets and much less frequent BSODs seemed to occur with (1) 24/7 operation of Media Center -- disappearing during a month when I wasn't running MC, and (2) approximately consistent with the schedule of DHCP refresh on my network, I focused on one particular "distributed COM" error and solved it. Suddenly, I can measure the alacrity of my network access as improved "now" over "then."
The MC Live TV depends on my SiliconDust tuner device, which is a network device. I found other hardware problems, for instance, malfunction of my onboard USB3 controller due to insufficient resources. But whichever it was "exactly," it has been resolved.
All this time, I had mounting anxiety about disk corruption, and I'd continue to run CHKDSK with low-level repair enabled. It would always give a clean bill of health. But I also ran SFC /SCANNOW, which is supposed to detect corrupt OS components on the HDD. It would only turn up a missing DLL file (MFC80.DLL) which was part of an old, 32-bit C++ runtime library. Now I find that I have one mis-installed software package that generates a conflict between a 32-bit and 64-bit C++ runtime component -- showing as a "SideBySide" error when the software loads.
I had installed an earlier version of the software which was only Windows 7 compatible with caveats, and uninstalling it still left a PDF_file-viewer which still shows up in "Programs and Features." So it would seem that this one, last "red-bang" would only require me to uninstall the latest software version, uninstall the old residual component, and then do a reinstall.
There are complications to overclocking that arise when different causes of instability get confused with your BIOS tweaks -- leading you on wild goose chases. IN my case, the complications weren't there when I originally found my best overclock settings. But if the system is overclocked, any new or arising instability can be misattributed to the overclock when it is due to something else.