While 'overclocking' with an AVX offset is fine, people do need to be realistic about this and consider that if you use an offset, you might as well just lower the OC altogether. Many applications including games contain AVX these days and the real world effect of the offset is that you get frequency changes literally all the time in any heavy workload.
Its quite pointless to only be able to use your 5.x Ghz OC when you're not
really stressing the CPU
While P95 is a hard test to pass, it still is a worst case scenario that you may come across at some point. As long as you know this might happen and that sort of instability is OK to you, then by all means.
For those reasons the OC on my specs to the left here is
without an AVX offset and it passes P95. Its possible... just requires different expectations. With 5 Ghz and AVX -2 you're effectively running 4.8 Ghz, so from an overclocking perspective, you may get a more efficient OC if you just target 4.8 Ghz and see how many volts you can shave off. That clockspeed is also a tipping point for many Coffee Lake CPUs in terms of required vCore and overall stability.