Technically speaking, running the CPU out of the recommended voltage range by the slightest margin is enough to cause damage.
Technically speaking, the damage (if any) caused will be so insignificant that by the moment it starts affeting the reliability/stability of the chip, it would've been upgraded long ago. Only extreme voltage bumps are something to worry about (and even out of those some are caused by overheating rather than the voltage itself).
Generally, if you're using air cooling, all you need to do is to make sure the temps stay below limits - the temperatures start getting way too hot before you manage to kill the chip by overvolting, unless you totally ignore the temps and push on when the heatsink is starting to melt.
Also, is your chip 65nm or 90nm (CPU-Z will tell you)? If it's 90nm, you can safely up the voltage up to 1.5v, as those can take volts (and temps) better than never 65nm chips. My Sempron runs at 1.4v stock, and its rated to handle 1.45v, so if you chip is 90nm you can go somewhere around 1.45 volts without worrying about a thing, 1.4 if you want to be extra careful (read=wuss
), most 90nm chips run at 1.4v (or around) stock (this goes for bot Intel and AMD CPUs).