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Tons of people have, and will still have DDR2 based motherboards. Only enthusiasts will upgrade to the currently ripoff DDR3 memory. Demand will stay similar, production will drop (is dropping, manufacturers are currently unloading older DDR2 stock at lower prices to make way for DDR3), and the price will go up.
I don't know much about RAM or its market value, but your logic makes sense.
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If done safely, you get more performance for your money, and your parts will not die on you. I have everything overclocked in my system... computer chip, motherboard, RAM and video card. The temperatures are kept low (I spent a little extra to get better cooling), all voltages within reason - so I should really have nothing to worry about for years. It's free performance if you do a little bit of research. Once you get into heavier overclocking you'll need to spend extra on better cooling, though not much at all. Another $100 tops buying better heatsinks and fans for your system.
Overclocking sounds almost too good to be true (although I know it's not). Then again, so does lucid dreaming.