Some motherboards do allow you to change change the RAM multiplier - like with my Asus P7H55D-M Evo I can run my RAM at 1600MHz without overclocking my i7 860 CPU.
If you're buying faster RAM but not overclocking, you can manually lower the latencies.
Like if you bought DDR3 1600MHz CL8-8-8-24, then you can usually lower the latencies to: 7-7-7-20 if you're running it at 1333MHz (CL 8 / 1600MHz *1333MHz = CL 6.67 & CL 20 / 1600MHz * 1333MHz = CL 19.95).
Also note that the the Socket 1366 stuff are running at a default speed of 1066MHz, so you can lower your latencies even further if you're not overclocking.
Up till now getting higher clocked RAM was just for making overclocking simpler, because you didn't have to change the multiplier of the RAM if you wanted to overclock the BCLK, and the performance increase was unnoticeable in most applications.