Civilian Explorers = H rated tires = up to 130mph
Police Explorers = V rated tires = up to 149mph
Advantage: Police.
Civilian Explorers = 121 mph speed limit
Police Explorers = 133 mph speed limit
Advantage: Police.
If the critical speed of the half shafts are indeed 133mph for both models (though it's probably a bit higher as they factor in a margin for safety ((like injectors rated for 85%)), than the civilian and police models both push their luck when going faster than 130mph and would say 150mph is the absolute for the shafts and V rated tires.
I remember flying to Valdosta, GA from Michigan to pick up a retired 1992 FHP Mustang 5.0L notch that the seller bought from the state auction a year earlier back in 1998. On the drive home I tested to see if it would go the full 160mph the police speedo said. 155mph was the fastest I dared and it was stock besides exhaust and pulleys. Stock 5.0l foxbodies are very squirrely past 130mph. Had 225/60-15 gatorbacks and a frame and suspension (blown out) that was designed in the late 70's, with brakes that were inadequate to stop even 4 cylinder at 60mph. 1990 was the first year for the airbags in mustangs, so I did have that going for me.