It may overheat and the BIOS may be locked off.
Sorry to discourage you but it's a very bad idea from the start.
Laptops are usually aren't very well cooled or ventilated and will quickly overheat from the stresses of overclocking. Depending on the manufacturer, overclocking also may result in the void of any existing warranty. And, if anything should happen, finding and replacing parts for a laptop is much harder than you would with a desktop.
thats not a bad idea...it would be nice to sqeeze a few more minutes out of my 17" 2.0 dual core. i got the premo battery, but it still will barely finish a DVD before it dies...i cant overclock my cpu even if i raise the temp. instead i undervolt. it saves about 20 min of battery life. it also keeps it cool and quiet.
that is so over my bloody head...i figured it would be relatively simple to underclock the cpu, but you gotta do the ram, pci and vga?!? i guess the cpu drags everything down with it...what program would you use? i have 'speed fan', but thats a temp monitoring program that does OCing on the side...I guess the easiest way is to lower multiplier if you can. You can lower FSB but unless you have locks, you are going to also underclock your RAM as well as you PCI and VGA buses........
It's not the CPU that brings it down but the Front Side Bus or the FSB which controls everything. The best way to OC is to go into your laptop's bios (hammer away at F8 or Delete after you turn it on.....) and see if you have any clocks or frequencies options. Like other people have said, your bios or options might be locked and you won't be able to UC by simple means. If they're not, again, the easiest possible way to UC is to lower the multiplier as it won't affect any of the buses. Make sure you only do it reasonable levels so your lappy is still functional.