The thing is, I tried with two different new chips, two different new motherboards and power supplies. The second chip has never been over 1.3v and while I installed windows (clean install) while overclocked in 4.6, installed all drivers, software etc, then I installed aida extreme and the moment aida finished installing it bluescreened. After that I started having the same issue as the past chip. It wouldn't let me overclock past 4.1, anything more than that and it bluescreens while logging into windows.
This makes me think it's an issue with something that loads with windows is causing instability, because (and here's the kicker) when I use msi command software in windows and apply the exact same settings I use in the bios for overclocking, I can go up to 4.6 with 1.3 and if I go 4.5 with 1.29 it's rock solid. Aida extreme doesn't take the chip past 70c and it never bluescreens and I am getting better benchmarks than ever.
If I try to do the same thing in the bios = 100% instability. Go figure, the other day I read a thread about a guy with a similar issue and after a lot of troubleshooting he found out that uninstalling windows media player classic made his system stable again.
I can overclock with the software though, so I am not too worried about it anymore, I can get 4.6 with 1.3 (not 100% stable) and 4.5 with 1.29, probably less, I need to fine tune but it's rock solid.