Not exactly correct. The breakdown voltage is the minimum value specified *not* to cause reverse breakdown. For the 2N4401 it is 6.0 V. this means that at 6.0 V, the junction will not conduct (except for some very small leakage current), behaving like any normal reverse-biased diode. But at anything from 6.000001 V to 99 V, the diode will break down. I made up the 99 v, but you get the idea. I don't think I've ever seen the max breakdown voltage specified in a datasheet.Good news!So being that the 3906 & the 327 have an emitter voltage of 5
My guess is that the actual breakdown voltages for the two transistors are different enough to affect the circuit.
I think you've rediscovered why using a reverse-biased transistor as a zener diode is a very uncommon practice. It is an interesting characteristic, and can be used to make the world's most simple oscillator, but it is so unpredictable that another thing I've never seen (except for Dick Cappels oscillator) is a design paper / app note / whatever proposing its use. In the classic two-transistor multivibrator circuit, it can have a real effect on the output frequency when the reverse biased transistors clip the peaks of the timing capacitor voltages.
For a one-off home project, with a lot of adjustment range, by someone with enough design experience to handle the consequences, it's fine. But you can see (37 posts later) what happens when the idea gets outside of that safety zone. I'm working on a control system for my garage doors, based on using the parts I have at home and it being used ***only*** by me. Nothing in the design is stupid, but I would not take some of the approaches in a commercial design.
ak