Either way, if you overclock, you'll put stress on any of your hardware. If you overclock by pumping up the bus speed to 400MHz (1600MHz FSB), and turning down the multiplier, you'll be putting stress on your motherboard because the northbridge will run hot and may need an increase in voltage to run stable (and sometime requiring active cooling over the northbridge). Overclocking this way you'll just put less stress on your CPU and more stress on your northbridge.
You can play around with the CPU multiplier/FSB/RAM combination and find one that will achieve what you want. But remember that not all motherboards will allow you to change the multiplier, and only the Extreme Edition processors such as QX6700 and X6800 will allow you to increase the multiplier.
But one recommendation I'd give you is to sync your Bus speed to RAM at 1:1 before you overclock to give you best result. It won't hurt to run your RAM below its rated clock speed, as you can have more aggressive latency timings. And comparing RAM speed of 667 to 800 is not that big of a difference in performance (maybe a few fps in games), but that's about it. Your biggest bottlenecks are your CPU and graphics card.
The Conroes are running at lower clock speed then they are capable and have plenty of headspace for overclocking. You should have no problem with 3.0-3.2 GHz with a E6600 at stock voltages and still maintain temperatures that are lower than the Athlon 64 X2 processors. I'm not sure why you would want to stop at 2.6GHz as you probably won't notice any significant difference.
I'm currently running P5W deluxe mobo + EVGA 8800GTX + Corsair XMS2 DDR2 800 (6400C4) + E6600 running at 3.0GHz (333MHz x 9) stock voltage and the RAM running at 667 (Using Zalman 9700 HSF) and it's been running Vista Ultimate 64-bit edition w/o a hitch.
Velocity666, as mainyard stated, RAM are double pumped (hence dual channel) and FSB are quad pumped. So to get the RAM speed you multiply the bus speed by 2, to get the FSB speed, you multiply the bus by 4, and to get the CPU speed you multiply the bus speed by the multiplier.