I thought I would chime in on these questions.
1) SC/SSC/FTW cards. All of the factory OC cards have *ALL* been pulled, tested, flashed and had a load test done on them at their designated above stock clocks, they have to pass for heat and error counts.
2) For overclocking, it really is a lottery. For example, I was testing on here, i got a reference 980 at +295 core and +400 with ambient based cooling on it, I was not using a chiller or going subzero, and the previous one I had at my test bench (had it for something else entirely) only we like +45 without a lot of voltage, and only got around +65 with it. Yes these are obviously the extremes but they do serve my example. When you buy a card you never now how much further above the listed clocks it can go. Sometimes that is about all it will do, other times the clock on an FTW is barely scratching the surface of what it is capable of. So buying a factory overclocked card guarantees some level of overclock compared to reference.
3) As for what voids the warranty. Soldering things onto the card, scratches/cracks on the PCB, general component damage, WATER DAMAGE. Clocking it is fine, clocking it a LOT is fine, waterblocks, chillers, peltiers, DICE, LN2 are all great as well, just return it to how it was stock and you are good to go. The EPower card *DOES* void the warranty. **PLEASE NOTE** That this is not needed for the KPE cards, a KPE is basically better base components AND an EPower card integrated. So for a KPE this is not necessary, as it already has one, and the link supplied by MSIM was form Tin modifying a reference 980 card, that was also done around launch for the Games24 event, and due to Maxwell's very low power consumption natively, this was the only way at that time to get enough power through it to make a reference 980, even on LN2, outperform the previous gen KPE card.
In general what Cool GTX said hits the nail on the head.
Cool GTX
You need to remember that the PC overclock is only as good as the weakest link.
Some owners just want plug and play simplicity.
Others enjoy chasing the perfect overclock and highest benchmark score.
Some fall in between.
You have been give a lot of great information from fellow form members; but, ultimately the individual must consider time and budget along with what their desire to spend time doing entails.
Enjoy you system.
And between the silicon lottery, and the fact that there are SO many variables, and like CoolGTX said a systems OC is only as good as the missing link, this is WHY we don't make a full size overclock guide, as there is no one size fits all approach to overclocking, there are guidelines which I have discussed in other threads over the years, but but there is no 1 correct answer. An heavily overclocked computer can be a rather fickle beast. So with that said, we offer some canned, nothing crazy, but definitely noticeable overclocks and let you our customer base take them from there, and if that means plug it in and enjoy it, great, if you want to push it to the ragged edge, GREAT!!, have fun and please post screenshots :)
Hope this clears some of this up.
@OP, if you or anyone else have questions for me, please ask, I will do what I can to get you solid info.