I hope to run my PSU till the day it dies, and theoretically that day should be quite far off
GPU's and CPU's seem to be getting more and more efficient and I don't see the need for more wattage if I stick to single-GPU builds (which I will).
@OP the PSU is solid and the GPU should overclock just fine, I think you just got some bad eggs...don't let it deter you from OC'ing, 7950 is a beast OC'er. Glad to hear your RMA processes went without issues, now you've got a brand new PSU and card
edit: I can't spell