What about in an emergency? What is someone needs to go over that limit for evasive maneuvers or something?
(Technologically speaking) Do it. Since we’re talking communication and electronics, you’ll be automatically reported. Present your excuse and let’s see what happens.
(I’m not saying that I’m in favour of this.)
Oh, and I’ve driven a car with speed limiter. It’s like cruise control, but it doesn’t let you go above the speed you choose. It was an amazing experience, I loved it. You press the accelerator, you get to that speed and it stays there. You feel a resistance on the pedal. If you want, simply force the pedal a bit more. It will turn the controller off and let you drive faster.