Yes apparently software overclockers are becoming quite popular for the 'novice overclocker'... if ya think you know what youre doing, might wanna give the ol' BIOS a try. Sometimes theres just more you can tune there (such as memory settings: VERY IMPORTANT).
Also some software tuners are very buggy hehehe.... but if it seems to be workin ok then thats cool.
Also, you might miss out on signs of a bad overclock. For example, when you set say, a higher fsb, in BIOS, and you boot up, but the machine doesnt make it past the Windows loading screen, ive seen most of the time its the memory's fault. On the other hand, when you use a software tuner, most people just pump everything up until the PC freezes.
Just take it up a lil bit at a time, increase the voltage if need be, WATCH YOUR TEMPS, and watch your PCI/AGP speeds. If you have good memory, chances are that any PCI or AGP devices will be the first to crap out on you.
Best of luck