My bad I meant to say turboboost for my initial statement. It dynamically overlocks itself to 3.8ghz.
Quad cores (lynnfield series in particular) have more headroom to overclock, so you get much greater clock rate increases out of it. The lynnfield i7 870, for example, can from its 2.93 default clock all the way to 3.6ghz clock rate while in single core and 2.53ghz while in dual core.