The people complaining don't seem to understand Intel is making the right moves, because they are so self-absorbed they fail to see the bigger picture.
This should simplify motherboard design, and make it slightly cheaper and simpler. This will work out better for the 99%+ people who don't overclock, or even know what it means.
So, for most people, it's a good thing. They will almost certainly offer a version that allows overclocking as well, for only slightly more, or for specific models.
So far, AMD isn't an option anyway. You can run a base i7 930, and it will still beat an overclocked AMD processor, and use less power doing it. Sandy Bridge should be faster (although, nothing is ever certain), so, until AMD comes out with something faster, looking at an AMD platform for overclocking still won't make any sense, except where it does now - below where Intel sells their Bloomfields.