Soldato
To put it simply, we think that the term "blazing hell inferno" might be short-selling Ivy Bridge's heat problem once you cross a certain threshold. Past 1.30-1.35V temperatures skyrocket, so we're going to recommend that everyone on air-cooling, even high-end air-cooling, stay in the 1.25V-1.30V range. Most chips shouldn't have any problems hitting 4.5GHz with 1.20V or less, which is awesome for your average casual overclocker, but scaling gets progressively worse as you go above these levels.
Our overclock was stable, we threw every app we could at it and had four 2-3 hour gaming sessions, but we aren't going to hide the fact that during the one hour AIDA64 stress test at least one core hit a truly absurd 101°C, while the others routinely reached into the 90's. At least that proves that these new chips are resilient to short-term heat.
Oh dear oh dear.
2600K @ £209 is looking a bargain right now. I certainly won't be shifting from my 2500k for a fair while now.