no problem.
does sound like a strange memory issue, usually there are not problems with underclocking ram, though.
I do suggest that you continue to increase the host clock with the multi at lowest (6?) and see how far you can go, because if you can make it to 480, then you can have the memory around 1600 with 400/1333 but if you can get the cpu stable at 7.5 youll be running @ 3.6Ghz, which i do think is possible with your chip...or at least 3.3 @ 7x.
as for troubleshooting memory, i think it is one of the most difficult things with this board. if we work on getting everything else stable first, then we can tackle that.
the general progression i like to take is:
1) find max FSB with default GTL REFs (you are here)
2) adjust GTL refs for REF0 and REF1 and find new max FSB (GTL REFs are dependent on vFSB levels, hence the importance of determining how high a vFSB voltage you are comfortable with.)
3) while still at 6x, determine the best option for RAM between 400/1600, 333/1333, 400/1333, or maybe even 333/1066 and see how fast the memory can go with GTL MCH and GTL DDR refs at default
4) tweak those GTL refs and increase memory speed again
5) Drop the memory back down to something slower than 400/1333, if possible, and start pushing the processor frequency by stepping up the multi to see what the max frequency of the processor is.
6) once stable in 5 (which means close to max FSB and Max cpu frequency) start stepping up the memory to see if it will run at 333/1333 or 400/1600 (probably wont, but dont know).
7) if it will run at either of these, start bringing down the timings, if it wont run here and you are not happy with 400/1333 or slower, drop multi to 7 and see if it will run. If it does, start pushing the Host Clock up again if there is room.
this is how you get to fast.
if, however, you just want to get the memory to 1600 and be at 400x7 or 7.5, we can do that too.