If they left the processors unlock then it is true that the sales of the higher-end processors would be damaged by people buying the cheaper CPU's and then running them at the faster speed. This though could also INCREASE the sales of a particular item - for example recall the 2500+ "barton" processors, as soon as people found that with certain batches the 2500+ could be ran at the 3200+ speeds by using DDR400 memory and by simply increasing the FSB from 333 to 400. I for one bought a 2500+ based system based primarily on this basis and as soon as a few friends and family seen the speed they too moved from Intel based systems over to AMD and ramped their 2500+ all up to 3200+
Now as this increase in speed SOMETIMES needs the vcore voltage to be increased a little - The processor will obviously get a little bit more hotter. People know that hotter hardware has a shorter lifespan so in theory these systems will not last as long as they would under normal operation specifications. But what does this mean. Well for a start a friend of mine who loved his 2500+ price/performance ratio recently bought a 3500+ AMD 64 and now he's spreading the good word of "AMD lovin'". In theory the 2500+ overclock has gained AMD a valued customer now and the progression of him buying a 3500+ over a Pentium 4 socket 775 just goes to confirm this.
I say there should be 3 unlocked processors - i.e Entry, Mid-range, High-end and the difference between the 3 could be something as simple as cache sizes as we know how these can affect performance, or even disable certain technology such as SSE3 etc on the lower priced "unlocked" range and only enable these functions on the higher end unlocked processor.