Without a limiter, and with a LO5 TBI whale copcar (9C1 version of the LO5, 1991-1993), you can reach 130-135 mph indicated in good air (cool or cold, no headwind, near sea level) and with an engine that's in good shape.
With the VZ2 limiter you probably won't exceed 130 mph which was the speed rating (H) of the factory tires (see door jamb sticker). Other speed limiters were used depending on the year, engine (LO3 or LO5), and of course whether it was the police 9C1 model, or a civvy model.
The LO5 9C1s can really go above 130 mph but you do need a long straight road (approx 5 miles from a standing stop, or 4+ miles from the highway speed) which is nearly as fast as a bone stock Impala SS with LT1 --- the difference is that the LT1 car accelerates much more quickly (0-60 mph in under 7 secs for the LT1 cars; more like mid 8s for the LO5 9C1 with 3.42) and the LT1 cars can go slightly faster (over 140 mph). The extra 55 hp of the LT1 only equates to 5 to 8 mph faster on the top end, because the aero drag force goes as speed^2, so the power requirement goes as speed^3.
This has been discussed, all of it, in more detail in earlier threads.