Learning about how they product bin CPUs blew my mind years ago.
iirc, the CPUs come off the same manufacturing line--but the ones they sold as 3.2ghz vs 3.4ghz were based on stability tests. It was the same chip, just that some came out the oven better than others. So they would cap it and slap a label on it, which is why overclocking is feasible but inconsistent.