What Wheezle said. Can you tell the difference if it was a constant 60? I dont know what the eye can do.

Well i just disabled the limit and i got a result of 160fps to 330+fps within holomatch on multiple levels.  It mostly hovered around 200fps.  Droping down to 150 at times and blasting up to 300 at times.  Not bad eh?  I dont think i need an upgrade...........  Heck you cant even tell the difference between 60fps at 400fps right?  

Correct me if I'm wrong, but if you lock the FPS at a particular value, then that's how many processes (per-frame server snapshots) an EF server will do...  This doesn't apply to a dedicated server, of course, but only in a gaming situation where you're playing on the PC that's also the server.  In that case, you'd want your server PC to be able to crank out as many FPS as possible so the other players will have lower ping and a smoother game.

But when I'm a client, I like to do

/com_maxfps 360
/r_swapinterval 1

and the game runs butter smooth.

What the above does is this:
com_maxfps 360 - Run the game way over my potential refresh rate, if possible.
r_swapinterval 1 - Sync each frame with the refresh rate of my monitor.

With that combo, the game's FPS won't ever be higher than the refresh rate of your monitor, but you'll NEVER experience tearing (although it may get 'framey' in highly detailed areas or during big battles) and your game will run so smooth that it'll look like an arcade machine, provided you already got high framerates in the first place.

Give it a shot and see what you think.  Remember that you can type 'r_swapinterval 0' if you don't like the whole 'sync the game with the monitor' idea.

Heh, have fun!

I tried that too but in my experience the r_swapinterval just drops the fps way down, so it doesn't run smooth at all (and I don't have an old system...).

All depends on what you want really, I fiddled with all these settings a lot a while ago and now I'm content with it.

I wouldn't advice setting the fps at 360, 125 is a very good gaming fps. Can you get out of the trenches in voy2 when playing online with lots of people? Or jump through the second teleporter straight onto the flag (not against it, but on top of it)? That's what counts for me and a lot of other players as well. It's a shame, but game physics IS fps dependant. 125 just gives you an edge.