First and foremost Welcome to overclock.net!!!!!!!!!!!!!!!!!!!!!!!
Secondly you should definitely go to your options and add that System to your signature!
Well to start off you want to go in and manually set the timings for your RAM. You will find these either on the packaging or you can reference the model #. When you set the memory speed sometimes its a good idea to take your memory down one notch. IE if you have ddr1600 set in bios as 1333. When you OC your FSB your also overclocking your memory.
After that you can just go and tinker w/ the FSB by moving it up a few clicks and seeing if your stable. You need to first download and burn a bootable MEMTEST disc. You can find an ISO of this easily from searching google.
In Windows you will want to stress test your overclock separately with Prime95 and Orthos which are both easily found through www.majorgeeks.com
Generally if you make an hour or so your "stable", but when you find the speed you want to run at 24/7 I recommend letting prime 95 run for 12-24 hours JUST to be sure. Also preboot you may want to run MEMtest to test a clock to avoid corrupting your operating system.
Also quick note. Download CoreTemp or RealTemp to monitor your temps.
Also you'll find sometimes the voltage your CPU is receiving is not enough for a clock speed you want. If you have an option for Load Line Calibration or something along those lines you can try using it as it minimizes Vdroop.. Also turn off any Watchguard type bios recovery options. They can mess w/ an oc.
You can find out what your Chips VID is through CPUz. As you overclock you may have to bump up the voltages on CPU, ICH, & MCH.
USE CAUTION. VOLTS FRY . Try to stay under 1.4v for all of them at max in my opinion.
Higher clocks = More heat
Higher Voltage = Lots more heat ..
Overclocking is a patience game. Take your time, be informed of how to use the RESET jumper on your motherboard should you get an unbootable setting.
Lastly always overclock in baby steps. Good start would be to make sure your Multiplier is manually set as its max. Its hard to find stable overclocks w/ high FSB.
ALSO IN BIOS MAKE SURE YOU TURN OFF ANY SPEED STEPPING.