Is Black Edition worth the money? Yes.
But in your case it doesn't make any sense. Your X2 5000+ will overclock almost as high as the BE version. It just takes a little work.
Drop your HT to x4 (CPU-->NB), lock the the NB-->SB frequency at 200Mhz and raise your cpu clock to 215MHz. Your cpu will operate at 2.8GHz (with your ram at DDR2 800 spec).
If your are not running DDR2 800 ram that is one of your problems. $40 will get you 2Gb of DDR2 800 - probably $70-$80 for 4Gb.
At stock volts you should be able to approach 3GHz. HOWEVER, above 2.8GHz you will have to drop your memory freq from 400-->333 and loosen your ram timings a bit.
From your 215MHz cpu clock you may begin raising your speed in 5MHz increments. Each 5MHz will give you an overall cpu clock speed increase of 65MHz. Use CPUz to monitor your performance and always keep an eye on your system temps.
When you hit the wall with your cpu clock (the system becomes unstable or will not boot) you need to raise your cpu volts from stock 1.312v to 1.375v (and .025v increments after that).
Return to increasing the cpu clock in 5MHz steps at 1.375v. Keep an eye on your temps. When you hit the wall give the volts another bump and keep on tweakin'. I don't like to go above 1.45v but some folks truck on up to 1.5v.
Cpu clock of 245MHz is basicly 3.2GHz overall. You may need to upgrade your cooling to hit this mark.
You also need to run Orthos/Prime to check stabilty while your monitor your temps.
If you have any questions check out the AMD section of Tom's Overclocking Forum. (and look out for bad advice
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For the Intel Fanboys and thread-crappers: Get a Life.