Wow, some serious overreaction here. You'd have caused no damage to anything by going too high, there are measures to stop that happening.
That said, you did try to go up too high too fast. Start by trying to get your fsb up higher - that gives you the most gains, rather than upping the multiplier.
When you reach the limit of the fsb at one multiplier, one technique is to drop the multiplier DOWN and keep going on the fsb. That and messing around with the VCore (core voltage - more power going through = more stability - this is where you do need to be careful, unlike with just a plain overclock of the fsb/multiplier).
Overclocking is a lot of fun, but can be expensive if you want to get some massive gains. Takes a lot of research too. You'll learn a shitload about processors, ram, motherboards, silicone, pretty much everything. Just take it slow.
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