In case anyone cares, I was able to achieve 400kH/s on this 7850. You just gotta go all out on the engine clock speed. Leave VRAM at 1200 or bump it up to 1250 for a few more khs, +20 powertune, stock voltage (1.219), and 1170 engine clock speed. Increasing engine clock speed seems to yield a linear hashrate increase.
The card runs surprisingly cool and silent considering I have it above my 7950. Any previous card I put in it's place would easily go above 90*C (with the exception of the reference 7970). I had an XFX 7870, 7870 LE, 7850 all overheat badly while being the top card.
I have to say I'm impressed. The fan is not very noisy either. Just kind of annoyed that I cannot control the fan speed, but it seems to be very good on its own.
Edit 2: This thing gets 400+ kH/s with only 16 Intensity which gives me no input lag... How sad is it that a 7850 outperforms all my 7870s??? At 1220/1250 clocks with 18 Intensity I am pulling above 420kH/s
Edit 3: 1250/1250 430kH/s... At this point I am afraid to go any higher since my temps are ~90*C
I definitely was not expecting this card to pull these kind of numbers, especially not after reading all the negative reviews from newegg and this thread.