It isn't AMD's 'fault' per say, yes they designed Boost and GHz bios but my 7970 OC didn't suffer spiking on GHz bios, the TFIII Boost edition, doesn't have the problem either, if the fault was AMD's,
every GHz/Boost edition would suffer and it would have been picked up and widely publicised.
The first batch of His Ice-Q boosts don't suffer from the problem(there has been a change in the Ice-Q's somewhere as the first batch can flash non boost Ice-Q bios-the newer batches can't), so His have changed something, not AMD and Asus definitely changed a lot over the reference 7970.
As stated by Humbug, Nvidia has had boosting problems too with some cards causing stutter(some still do), unfortunately it's one of these things which like yourself has resulted in a swap over to the other team.
Most won't know it's happening unless they sit with an OSD displaying clock speed to check for sure as I only found out with a comparison with Matt threw up the wrong numbers, otherwise I wouldn't have noticed, but that will be partly down to using CrossFire, I might have noticed sooner if I was just using a single gpu.
I can appreciate the bad taste in your mouth Rossi though as it shouldn't happen in an ideal world, but with the nature of PC's being the way it is, there you go.
The fix I posted had the warnings due to the fact, I can't hold every ones hands and do it for them and not willing to take the stick for PEBCAK when they do something wrong and muck up the OS or whatever.
It DOES eradicate the spiking btw.