Yes..at default speed ,default FSB....Take example my mild oc, for a smoother function of my pc with no dramatic increase of energy consume.
Intel E8400 CPU stepping A rev E0
Core speed 3420 MHz
Bus Speed 380 MHz Rated FSB 1590 MH
My Mobo aloud me to reach a max of 1600 MHz FSB but i have to increase VCore for like1-2% increase in performance,so i take 1590 stable 1.2 v. Is not a OC beast,but is a good,stable,reach featured,cheap board.
Take this link for other infos:http://www.xbitlabs.com/articles/cpu/display/newbie-oc-guide.html
Or google for some reach featured OC guides.