Here's something interesting that I read:
http://www.anandtech.com/cpuchipsets...spx?i=3184&p=5
According to that page and the page after it, without vdroop and voffset (or vdrop), something unpleasant may happen, and we may "accidentally" put too much voltage into our cpus when it's not really necessary. Maybe that's why we've heard a lot of degradation stories from people although they were well below 1.36v specified by Intel. If the article proves true, then even at 1.300v without vdroop or vdrop, we are still NOT safe. Mmm... this has just made me feel relieved that I have my Yorkfield in when there are vdroop and vdrop on my motherboard.