I thought the MSP/P5/Protege was limited to 130 MPH (210 km/h) but I got it up to 220 km/h (136ish MPH) no problem. And yes, there is a fuel cut off, and YOU FEEL IT. I was at aproximately 5650-5700 RPM. I have a pic of it as my avatar at the moment, I resized the original to fit the size requirements of the avitar and lost the original, I'm sorry I couldn't provide a larger/clearer pic.
This was on the Coquihalla HWY in British Columbia... a KICK ASS high-speed driver's road. The MSP wouldv'e pulled right to the redline, I'm guessing somewhere in the 245-250 km/h range. This is at serious altitude, so I'm sure my Mazdarati wasn't pushing the type of power she does at sea level. But I'm sure the temp drop helped make up for some of the height.
I used to own a 2000 1.8 LX (ES in the US) with all the options, my LX at 160ish (100 mph) felt like my MSP at 230 km/h. That susp is soooooo good for triple digit driving, I out-drove a '88-'91 corvette through the curves at 210+ like it was nothing, and believe me.. he was trying (I saw him get squirly at aprox 200 km/h, he bowed down...). I'm sure a driver with a little more balls and experience could have given me a better run, if not spanked me with a corvette, but not this one.
It's ironic that the fastest I've ever driven was in my step-dad's chipped '88 corvette= 250++ km/h.... telephone poles are like fence posts at that speed. I never drove that car as hard after seeing that black corvette hit the semi and explode into fiberglass shrapnel on "Worl's greates Police blah, blah", even though the guy got up and walked away.
As for the FASTEST.... on two wheels.... CBR900 no question. A bike this fast doesn't even feel that fast, it's so effortless. It's a feeling that's hard to explain, almost like the difference between HP and torque. I've been in cars that 'feel' faster, but don't even come close to a little Suzuki 400cc Bandit in acceleration.
If I had to chose, give me music, a steel cage, four wheels, cup holders and gobs of power any day. But BOTH is BEST!!