Entirely not true. There are two types of limiters, and most modern cars have both... a rev limiter (so idiots don't over rev their car) and a speed limiter. The two are totally separate from each other. If this were not the case, mustang owners who's car comes from the factory with a 3.03 (or something along those lines) ratio and bump up to a 4.10 would effectively have their speed limited dropped down by around 1000 RPMs (because your RPMs at speed in overdrive would increase by nearly 1000 RPM's. There for bringing on the "RPM induced speed limiter" a full 1000 RPM early... which would be something along the lines of what... 75-80mph??)
My 98 F-150 is factory limited to 94mph... before I changed my axle ratio's I was running 33" tires (factory are about 28-29), I assure you... my limiter was still at 94mph. But remember that I am still turning my axles and tires at the same rate... there for because the tires have a larger circumference... the radar said around 105ish. Your statement kind of contrdicted itself.
As for the first part, a friend of mine's mustang is a prime example... as I explained to you his exact case. His car had something like 2.98 gears in it, he installed 3.73's, then later 4.10's; top speed unaffected. It goes by the speed of the vehicle, not the RPM's in top gear.