ok, let`s verify some things:
-afaik the fastest version of 040 is 50MHz.
-My 040 is the RC revision.
-My 040 DOES GENERATE MUCH HEAT, it is cooled by Socket7 lowprofile radiator and 486 fan, driven by a thermistor. It is far more than enough. I remember one time I forgot to give the voltage to fan. The computer hung up after 5 hours of hard work (DigiBoosterPro)...
-My A1200 is fitted in BIG tower.
-My PSU is 250W.
-The fan voltage is not taken from Apollo, instead directly from PSU.
Seems that overclocking should be possible, but I have no oscillator to check, and don`t want to buy one until I`m sure it`ll work because they`re too expensive (and unavailable in my city).