There are lots of 737s, 707s, MD-80s and other larger, faster aircraft out there in private hands. In the right configuration, most of those can reach those (terminal) speeds without flapping themselves to death.
/john
I soloed on my 16th birthday in a 1964 Cessna 150 - N6250T. Most of my time is in 150s and 172s, with a few oddball hours in a Grumman Yankee (now THAT's a scary ride), a J-3, and a Citabria. I still hitch rides with friends, but I haven't flown as PIC in years - grad school and work and children has sorta kept me away from the patch. My dad hung up his helmet and goggles 2 years ago when he turned 78 - felt like he wasn't as sharp as he used to be, so as he says "I quit it before it quit me."