Complaining that nVidia does not allow overvolting is wrong. They even guarantee a higher voltage over the base clock.
I enjoyed my 470s at 760mhz because 1.087V control was at my fingertips and I didn't need to do any physical mods on the cards. If it wasn't for 470s great overclocking headroom and scaling with free voltage control that allowed them to OC to 480 speeds, I would have just gone with 5850s and saved my $.
Removing voltage control is the opposite of what enthusiasts want. If you don't use voltage control, no problem, but having the option for others to use it doesn't hurt you, does it? You telling us that it's actually wrong for us to complain about it is absurd since this is an enthusiast forum not BestBuy.com.
Again, this all works fine for people who don't overvolt but it also sends a lot of conflicting signals about NV. They are now basically 'forcing' you to pay extra $ for a faster GPU since the chances of you getting a GTX460 style card and overclocking it by 25-40% are going to be non-existent if this practice continues. This is a huge blow to people who want to buy a $280-300 GPU and overclock it to $500 level of performance.
Secondly, to me personally it says a lot about the quality of the underlying components of the reference card. If voltage control is prohibited for RMA and risk of failure reasons, it shows the reference card is very budget-built since it cannot handle much more additional stress beyond stock operation. $500 for a card with 4 VRMs that can't take basic 10% overvolting sounds like NV is selling us the bare minimum here in terms of quality. This again doesn't inspire confidence for people who overclock their GPUs and run distributed computing or other GPU intensive projects. If NV removed voltage control due to fear of many failed GPUs from blown up VRMs, that already gives me pause about how well-built the entire GPU is to handle 24/7 365 day operation even at stock speeds.
Finally, the entire industry of watercooling and after-market components largely relies on pushing components to the limits and voltage control is a part of it. Watercooling 680s this round was mostly for noise levels and not much else. Part of the fun of watercooling for some enthusiast was the idea that they'd get lower noise levels and much higher performance through overclocking via voltage control. With watercooling, the system was capable of dissipating the additional heat due to the added voltage.
NV locking out voltage control is no different than if Intel got rid of K series processors entirely and we would be stuck with BCLK overclocking only. At the very least NV could have charged extra for GPUs with voltage control if it was so afraid that people would buy cheaper GPUs and overclock them or to cover added RMA costs.