I gave this a try (increased to 1.5v) on my Leadtek 7800GT Extreme (450/1050 stock), with stock cooling.
Coolbits detected optimal:
Before mod- 467/1.08
After mod- 486/1.12
This is with the delta set at 0, tempatures get up to about 62C max thus far benching, still testing for 24/7 use at a conservative 480/1100. This is up from what I've been running rock-stable, artifact free for 4 months 460/1100. A 20MHz increase on top of your past stable max overclock isn't bad for a simple, non-physical mod. I'd say it's worth a shot to 7800GT owners willing to take the slight risk.