Yes agreed, you don't want to overclock if you're worried that you'll fry the board. All boards are slightly different AND I have a heatsink and cooling fan attached to my chip:
Here are the settings I use for a stable overclock with Emteria.OS
arm_freq=1400
core_freq=500
gpu_freq=560
arm_freq_min=900
core_freq_min=325
over_voltage=6
sdram_freq=650
over_voltage_sdram=3
sdram_schmoo=0x02000020
dtparam=sd_overclock=83
temp_soft_limit=68
initial_turbo=60