The speedo will show you are going faster than that , mine was showing over 160mph. The Satnav showed it was a genuine 155mph though.
The turbo boost drops off at the max speed. I did it in mine down a hill on a German Autobahn, it felt like it could keep going but the boost keeps dropping off.
It was very stable it just smelt hot afterwards.
I had my 9000 Aero on a rolling road once, that went to 164mph before it reached the rev limiter. Standard car and 25bhp less so I am sure a 9-5 could easily match it.
Steve