AtariST :
How did you get all of these components to run on a 450W power supply much less OC? Asus and Corsair PSU calculators recommend 600-650W PSUs without over clocking. Are we grossly overbuying? Are we being grossly over sold?
For the most part, yes, PSU "requirements" on GPUs are grossly inflated.
Even the most powerful single-GPU systems usually draw less than 400W PEAK and 300-350W average at full-load measured at the wall. With a 90% efficient PSU, that means about 360W total peak PSU output load so in theory, a high-quality 400W PSU should be able to run just about any single-GPU system save for the most crazy over-volted overclocks.
The problem is that there are tons of sub-par PSUs out there that will croak prematurely at loads well below 100%... or even 50% in many cases. So, GPU manufacturers try to "compensate" for that by drastically inflating their "requirements."