If you want more top end speed the only solution is to either install an XB head on the jug, or go big bore and get headwork done. Once the proper headwork is done then you will need to buy an aftermarket programmable ignition and set the limiter appropriately.
Mine has an 8k limit and I hit 90's in 4th. I am not a speed demon, so I haven't pushed it beyond 100, but a 515 with stage 2 headwork, carb jetting, and exhaust should be able to hit the 120's and how much more would you need? As is a single cylinder hitting 7,5 - 8K is an event like no other.