I think you have hit the nail on the head there, since I have had the new exhaust fitted I can quite happily burble about and just listen to the soundtrack, at 2.5--3 thousand rpm it sounds absolutely incredible if you can get it between a row of buildings, it is not how loud it is it is the sound it makes, and then obviously where conditions allow....................well you know.
So I guess the answer is yes, I can enjoy it without going above the speed limit.