It's impossible to overboost a nonturbocharged engine. In fact, the highest manifold pressure reading you'll probably ever see on it is when it's shut down!
You don't realize it, but a C-172 is ALWAYS "oversquare" when at full throttle. 2500 RPM, and about 29" MAP. Only there is no MAP guage, so nobody notices.
There are four completely wrong "rules" out there that keep getting passed down from CFI to CFI. PLEASE help put a stop to this.
1, Never run your engine oversquare, doing so will overstrees the prop and crank.
Not true, operate with power setting as found in the POH. The concidence that the most efficient prop RPM and the airpressure at cruising altitudes are nearly the same is just that, a concidence.
2, Pull the power back to 25" inches durring climb.
Closeing the throttle slightly also closes the power enrichment valve. Therby leaning the mixture dramaticly durring a peroid that is creatign the most heat already. Full throttle all the way to cruise altitude actually keeps the engine cooler.
3, If you run your engine too lean, it will burn up.
The most dangerous mixture is 50 deg ROP, that is where detonation is the most likely. You want to either be 100 ROP, or 50 LOP. Eitherway results in the same amount of heat and strain on the engine.
4, If you pull the popwer back too fast on a descent, your enigne will shatter due to "shock cooling"
It's made of aluminum, not glass. The only case of damage I have ever heard of that might have been realted to overcooling, was the result of gross abuse, well beyond what any sane pilot would do. I used to fly skydivers in a 182 where we climbed to altitude with the CHTS climbing over 450, then gave it a mear 2 minutes to cool off, followed by a Vne descent. It ran fine well past TBO, if that didn't create "shock cooling" nothing will. As long as you make a modest power reduction for about a 500FPM descent, you'll be fine.
To all CFIs, read and re read Deakins articles on Avweb.