1. 50C is way too hot. My PIII 700 @ 994 MHz never goes over 34C. It also never crashes.
2. That 10% in core isn't usually enough for a decent O/C. That's why I'm running an FC-PGA PIII 700 with an Iwill slotket on my Soyo SY-6BA+IV. The core is 1.95V to run at 994 MHz.
1.Old Antec Case, Asus PC-DL, 2 x 1.6 LV D1 Xeons @ 3 GHz, 2GB Corsair PC3200 @ 200 MHz, Chaintech 6800 128MB AGP
2. Old Crap Beige Case, Gigabyte GA-H55M-S2H, Core i3 530, 4GB CL8 OCZ DDR3-1600, eVGA GTX465
3. Asus Pundit mATX Case, MSI AMD Zacate E350/dual core E350IS-E45 mini-ITX, 4GB CL9 Crucial Ballistix DDR3-1333, LG Blu Ray/HD DVD & DVD Burner