Guys - Thanks so much for the replies. All useful.
The bike is stock - I have done another test today and its actually limited to 60kph so that's 37kph. It was direct from Japan, I think theres a legal requirement for a "moped" to be limited over there.
I've done some work on Jas's idea and found a guy that's done this - look about 3/4's down the page (by the full fairing picture).
http://motor.geocities.jp/love27/dream50.htmlIt essentially means putting a couple of wires into the CDI connector. I strapped the bike up, stuck it in 5th and hey presto, the limiter is gone. I haven't tried on the road yet.
This method does make me slightly nervous - I have tested if its by passed the rev limiter completely. But it does seem to work.
Vfourfreak, thanks for info, I checked the sites and unfortunately both seem to say out of stock.
Seems I've found a solution but not quite ideal - but seems to work!