You can use a higher frequency ram module with the motherboard, no problem, as long as it is of the same type (DDR SDRAM or SDRAM). But you can use it only as a 266MHz Ram module. You can change the ram frequency in the bios to a higher value later, if ur bios supports such changes that is.
And Ram frequency and FSB are two different things dependednt on two different components as well.
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Winchester 3200+ @2,500MHz
LeadTek 7900GT VOLT MODDED @ 680 core, 1800 mem
2x1GB Transcend DDR400 @ DDR454 2.5,3,3,5,1T
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