Yes of course they will. Their boards are designed for overclocking and there's no way to just kill one. Not unless the board is physically damaged of course or some tracks have been damaged.
I would try and fit another PSU first. At least that way you can be reasonably sure it's definitely the board.
You will need to go back to the retailer that sold the board too as Asus don't RMA directly with their customers. So you'll need the receipt.
That is a very good news indeed. right now he is trying to get hold of another psu to see if motherboard is the thing that has gone. i will keep you guys updated
