Taking a few days off from here because of my “real” job was hitting the fan.  I see that we have a Linpack War going on.  If you look at the Top 10 list and the Nexus One device list you’ll see lots of movement.  AndroidSpin has done a nice job of covering all the bases on the reasons behind the friendly competition. 
“Originally this was just a “friendly” little bet between WootRoot and TheDudesAndroid that a 2.0GHz kernel would or wouldn’t work on the Nexus One. Somehow WootRoot convinced Kmobs to build the kernel (I have a feeling Chris Soyars also played a part in that) and WootRoot bet TheDudesAndroid $50 that he could boot his Nexus, send a tweet and play a video before his phone melted.

WootRoot tried. It didn’t work. But it also didn’t melt. Kmobs got curious and toyed around with frequencies and voltages and they went from 1.113GHz (which was supposed to be the stable max) to 1.267GHz. Of course, it wasn’t until Acsteffy87 decided to run the kernel on his Nexus as well, that TheDudesAndroid found his “courage” and booted it on his too. (I think I’m going to be in trouble for that, lol.) At first, only The Dude’s Nexus would overclock to 1.267GHz and for that reason, it was dubbed the “JesusPhone” or JP1.”