ok i know the TBI cars are supposed to be governed at 110ish but why is it in third gear i just pegged it to the trip meter **** and my RPMs were still going up right at about 4k. i let off because i have fireston firehawk tires which are like s or t rated so i was afraid it would pop them anyways if it was governed wouldnt it stop and bouce at the governed speed? maybe my vehicle speed sensor is reading wrong data?

 

If you had a manual tranny and could make that direct connection between transmission and engine, you would be going at most 113mph. That's with the 2.73 gears, 3rd gear is 1:1, 13" radias tires, and at 4000rpm. Considering you have a auto, you have a torque converter. The tcc slips and lets the engine "spool" up slightly faster than the rest of the drivetran. Even the best torque converters have 2% slip when LOCKED, if you had your food all the way down then it shouldn't be locked unless you bypassed everything and rigged up a tcc switch.
Let's just say there was a 5% slip (in reality it's more). 5% slip of 4000rpm is 3800rpm. Do the calculations and that's only 106mph but like I said, it's even slower than that because the stock torque converter shouldn't have been in the locked position unless you did that switch.
So now you see why our speedo's are crap. Electronics might be reliable but they aren't always dependable. In other words they're the best thing to happen to cars but they aren't always accurate or they cause more problems by showing no obvious symptoms. Only time an electronic device tells you it's not working if it either starts to smoke and catch fire or just doesn't turn on. A mechanical failure at least gives you audible and visual feedback. A classic example would be the f-body VSS and how the mechanical speedos would get shacky if there was rust in the line but the electronic speedos don't have anything so obvious .
Sorry for going off on a tangent there but sometimes I just gotta vent my frustrations.