I wanted to share my results which confirm what others are seeing.
Screen #1 - booted into Windows at 400FSB, then used SetFSB to move a little higher
Screen #2 - booted in Windows at 503FSB
http://img137.imageshack.us/img137/5303/32m4026uw3.jpg
http://img80.imageshack.us/img80/6541/32m503x8zw0.jpg
More than 30 seconds difference. 503X8 may look more impressive. But looks can be deceiving. This is one reason why I prefer to run with lower FSB and a tighter strap. By using 4:5 ratio, I get a boost from higher memory speed.
When I stay on the tighter strap, the P5B Dlx is just as fast as any 975X board, IMO.
Now of course, higher CPU speed will eventually compensate for higher latencies. But once you move to a looser strap, you are fighting an uphill battle.