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Basically the advantages are:

1. Increased value for money.

2. Save money by buying a processor and overclock it to match clock speeds of expensive ones.

3. Better perfomance for the same CPU.

4. Eliminate CPU bottlenecks (for high perfomance rigs).

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Q: What are the advantages of overclocking?
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Related questions

What is it called when running a motherboard or processor at a higher speed than that suggested?

It could overheat or have process errors


When Running a processor at a speed higher than its rated clock speed is?

It's called "overclocking".


What are the disadvantages of overclocking?

Overclocking can permanently damage your systems hardware if you overclock to much. It is normally the heat that kills your computer in a nutshell. Overclocking should only be done after doing your research.


What is associated with overclocking?

Computer chips


Is there a way to increase your processor?

The only way to increase the processor speed is by overclocking. Through overclocking, you can increase the overall speed of the processor.


Where can you find information on Overclocking?

Information on overclocking can be found on Webopedia, Lifehacker, Wikihow, and Yahoo! Voices. Many other websites also contain information on what overclocking is, how to overclock a PC, etc, or one could find information on the subject in some libraries.


What are some of the advantages of water cooling?

Water cooling keeps your system cooler if you are constantly overclocking it. It does it far better than air cooling. However, the price for water cooling is higher than air cooling.


How do you overclock geforce 8500GT?

You need an overclocking program to overclock your video card. I use RivaTuner for my 8800GTS and I haven't had any problems. Remember that overclocking will ruin your warranty.


What might be used to increase the speed of an existing CPU?

overclocking


Which permanently damages a computer component?

overheating, overclocking too much


How do you reduce overclocking?

The only way i know is check the BIOS settings.


How can you fix your Graphics card after overclocking it?

You can't, meaning, you're screwed