It will always my impression that overclocking performance was solely a matter of the "silicon lottery", that some chips could stretch further in GHz than others. But I just read a review of the Gigabyte Z87-D3HP in the UK PC magazine PC Format, October 2012, and it says the following:
"The real bummer is that the Z87-D3HP does that old trick of booting at that higher speed but then throttling down much lower as soon as you give it something to ponder. The same goes for hand-tuned overclocking. It boots successfully at 4.7 GHz, which is up there with the best, but give it some multi-threaded number crunching to think about and the clocks drop to 4GHz."
"The real bummer is that the Z87-D3HP does that old trick of booting at that higher speed but then throttling down much lower as soon as you give it something to ponder. The same goes for hand-tuned overclocking. It boots successfully at 4.7 GHz, which is up there with the best, but give it some multi-threaded number crunching to think about and the clocks drop to 4GHz."