Sure it is. Imagine 16 processors and 1 that can only run 2.0 Ghz. You have 16 that could run in an average of 2.6Ghz but you have to run them at 2.0 because of that core. 

Thanks to this, you can run each at the frequency you want. This is 2.0x16=32 vs 2.6x16=41 (25% extra performance thanks only to this feature). Intel will go that way too.
It's "AMD Overdrive" not "AMD Overclock"...

Kinda like my buddy saying he has an Athalon processor with an Anantech Power Supply.
Is the "theo" account a reference to Die Hard 1?
Sure it is. Imagine 16 processors and 1 that can only run 2.0 Ghz. You have 16 that could run in an average of 2.6Ghz but you have to run them at 2.0 because of that core. 

Thanks to this, you can run each at the frequency you want. This is 2.0x16=32 vs 2.6x16=41 (25% extra performance thanks only to this feature). Intel will go that way too.
After seeing the date values in the Main Screen, I hardly have any confidence in any of the reported numbers.
You can buy a 790 board at Newegg right now. I would call that available in my book.