That's kind of my point - highest I've seen so far for a Herc 4500 without stuttering or texture problems is 190-195. I've heard of Vivid!XS boards doing 185 without a fan, and 195-200 with a fan. I believe Beyond3D's Vivid!XS hit 200 with a fan (BTW, whatever happened to them?)
I looked at Videologic's site and if the board pictured there is the shipping Vivid!XS, then there are some differences in the Herc and Videologic PCBs. That combined with the adjustable voltage capability raises the possibility there might be more than luck involved.
PotNoodle's got an interesting point, too. The boards' power draw may be different - not only does Hercules have more memory, they're powering the fan from the board itself while Vivid!XS owners have to power a fan externally to the board. I know some nVidia owners swear they've gotten better stability by disconnecting the onboard fan - maybe it affects the Herc Kyro as well?
I'd just be curious to see if the Vivid!XS board's default voltage output is the same as the Herc. Any Vivid!XS owners here?