Yes... Although it's weird. It'll allow you to reach it's top speed.
With our cars being so old, now depends on the individual car. But i've seen DA/DBs go to 140MPH...
The way the speed limiter works... It'll let you reach 140MPH... Once you slow down it wont go up to it again. I think 110MPH or something.
Personally I was never fully able to test this theory. This is just what a honda mechanic friend told me who had several 92-93 GSRs