[citation][nom]pei-chen[/nom]
Electromigration will make it overclock less and less and your system more and more unstable.[/citation]
I don't know if you're only talking about the amd chips, but I'd like to disagree with you. I've had a northwood running overclocked for years that still ran when I upgraded. Also my best friend bought a 2.1ghz core2duo back in november 2006. It's been running 430x8 (3.4ghz) since then. It's still prime stable, and so far the only things which've needed replacing was the 8800gtx (xfx seems to have models where memory fails after a while, we've had 2 of them) and the xms ddr2-1066 sticks.
My e6600's been running 380x9 since may 2007 as well, and is still running and I set my parents i7-920 at 3ghz when I gave it to them, and it's still running as well (on stock cooler even).
In short I've almost never seen a processor actually become unstable after extended overclocking. I did have a tbird 1100 that failed after 6 months of running 1420 - but that was because the voltmod on the board failed. Sh1t happends. Bought premodded from the ocz store back in 2001 btw.