Overclock E6550 gf7050vt-m

Well there are many stickys on the general overclock process.
But to be honest your gonna need a better motherboard to make overclocking even worth the trouble.

Yep. ECS motherboards are generally poor overclockers. My ECS motherboard (a GF7100PVT-M3 which I suspect from the part number is a little more advanced than yours) has no overclock capability at all except for being able to select the FSB.

I was able to to get a 2.4 GHz E6600 to run at 3.0 GHz by selecting the 333 MHz FSB.

I'm not complaining. Mine was a freebie, part of a package deal from Frye's. Well, actually, it was about $200. And Frye's threw in a free Q6600.  

Thank you everyone

...read about overclocking but didn't know if I would see much, if any, improvement in cpu or memory

...again, thanks.

Gigabyte and Asus motherboards OC like a dream. But I do not recommend buying one. Save your money for i5.