Processor Overclocking?

[330T]

Back in yeOldon days over clocking a processor truly helped your game out, this was before games offloaded 90% of the work to the GPU.  Now with the GPU being more powerful than the CPU and most games not even coming close to touching what the GPU can produce why do people still over clock CPUs?

I'll be the first to admit, I have a great mb for over clocking my i7, Asus Rampage II Extreme, and i pushed my i7 to the extreme to see what CPU score i could get, but then quickly sent it back to factory for reliability.  

[Action]

Yeah really.  With the speed and multi-core CPUs these days, other than braggin on a CPU benchmark or something I do not see a real world reason to overclock the CPU.  With any of the I7s the bottleneck will still be the GPU (graphics card) at least for gaming.  Now if you do a lot of encoding, etc then an overclocked CPU might help a bit there.

[330T]

Now if you do a lot of encoding, etc then an overclocked CPU might help a bit there.

I'm not even sure if it helps that much there..  My i7 920 when encoding video only gets between 70% & 75%.. when i over clocked the shit out of it i didn't see an improvement in time to encode.  There may have been a few sec but not enough to notice.

[spyware89]

I overclock the hell out of my CPU's, even went as far as unlocking the 4th core on my X3, this led to the whole crashing repeatedly thing during the COD4 tourny at the last LAN unfortunately, even though it read as stable. So I have that disabled again.
But I still have it clocked extremely high, I even had my old Intel Q6600 on water cooling and running at about 150% of stock speed with the voltage bumped up.
I don't really do it for gaming, although I do see a huge boost in FPS on my X3 between stock and OC'd by 20% or so on L4D2 since that is CPU intensive. I just do a bunch of multicore programming for all of my programming classes, so I figure I might as well execute everything as quickly as I can.
But like you suggested, unless the game is CPU intensive, like L4D or Crysis (if you don't have a video card that can handle all of the physics calculations as well) I don't see much improvement in game performance, maybe so more FPS, but a small enough number that it is not noticeable by the naked eye.