On Peskin & Schroeder's QFT, chapter 11.4, the book discusses the computation of the effective action of linear sigma model.
I am troubled for the relation between renormalization condition and Higgs VEV (vacuum expectation value) appearing in page 376-377.
First, on the bottom of page 376, the book says we can apply the usual renormalization condition (11.16) as in section 11.2. In this case, the tadpole renormalization condition reads
$$\frac{\partial V_{\mathrm{eff}}}{\partial \phi_{\mathrm{cl}}}\left(\phi_{\mathrm{cl}}=\mu / \sqrt{\lambda}\right)=0.\tag{p.376}$$
I understand this as Higgs VEV are invariant, $v=\mu/\sqrt{\lambda}$.
Second, the book says it's useful to apply the $\overline{MS}$ prescription to visualize the modification of the lowest-order result. Under the $\overline{MS}$, the effective potential reads $$\begin{aligned} & V_{\mathrm{eff}}=-\frac{1}{2} \mu^2 \phi_{\mathrm{cl}}^2+\frac{\lambda}{4} \phi_{\mathrm{cl}}^4 \\ & \quad +\frac{1}{4} \frac{1}{(4 \pi)^2}\left((N-1)\left(\lambda \phi_{\mathrm{cl}}^2-\mu^2\right)^2\left(\log \left[\left(\lambda \phi_{\mathrm{cl}}^2-\mu^2\right) / M^2\right]-\frac{3}{2}\right)\right. \\ &\quad \left.+\left(3 \lambda \phi_{\mathrm{cl}}^2-\mu^2\right)^2\left(\log \left[\left(3 \lambda \phi_{\mathrm{cl}}^2-\mu^2\right) / M^2\right]-\frac{3}{2}\right)\right) . \\ & \end{aligned}\tag{11.79}$$
Now, since we have an arbitrary dimensional parameter $M$, the Higgs VEV should depend on the value of $M$? In general, it's not equal to $\mu/\sqrt{\lambda}$, right?
I am also troubled for following description below (11.79)
The connection to $V_{\text{eff}}$ is undefined when the arguments of the logarithms become negative, but fortunately the minimum of $V_{\text{eff}}$ occur outside of this region, as is illustrated in Fig. 11.9.
Does this means that $\phi_{\text{cl}}$ always larger than $\mu/\sqrt{\lambda}$? How do we insure that?