I've been playing with my fastest ever Socket 7 setup: a Soyo 5EMA+, a K6-2+ 550 (currently at 5x124) 256 megs of PC133, a Radeon 9200, and a Sound Blaster 16 CT4170. The onboard cache won't work at 124 MHz, and has to be disabled. Whatever advantage it may give at lower bus speeds is more than made up for by higher clock speed and more memory bandwidth from the greater bus speed.
I also have an Asus TXP4 with a K6-3+ 450 at 500, and my 3D Mark score improved by nearly 200 points by disabling the L2 cache. It can only cache 64 megs, and I have 256 installed, so it's more of a hindrance than a help.
After watching many YouTube videos about older computer hardware, YouTube began recommending videos about trains - are they trying to tell me something?