Well FSB 430 was the max. stable FSB for my C0 E5420's as well, so it's not surprising you can't go higher..
What happens above FSB 428? The system does not boot, or the system becomes unstable? If it doesn't boot (because you tried to set 1,4V MCH) then like I said try 1,35V MCH and maybe 1,86V Vdimm.. if it's unstable try the same voltage settings and use enough Vcore. If prime blend still fails you are at your CPUs FSB limit.
VTT is like the FSB voltage on S775 and 771, adjusting it helps with high FSBs on desktop mainboards. Unfortunately you cant change the VTT on the Z7S unless you use QX9775 CPUs, so if your CPUs hit their FSB max you cant go higher. And like I said, C0 tops out at around 430 with stock VTT.