I heard someone say they got their 965 chipset up to 1600FSB.
If thats the case you can get it as high as 4.0GHz. Depend on your Mobo. Might not be able to overclock that mobo
The 975X chipset in general is not a good overclocker, and you tend to need to pump voltage through it to be able to get a decent overclock. That said, 333MHz is likely to be attainable, but even that may not be possible depending on what voltage adjustments to CPU and NB voltage your board supports. The most I ever pushed on my old 975X board was 280 without being able to raise the voltage on the northbridge, using my E4400.
Most likely, the Q6700 used to be a huge price increase for very little actual bonus. 3GHz may be attainable, but I have no experience about how 975X overclocks quadcores, only how it clocks duals.