Three words for the fool: Motorola baby! Motorola!
I'm sure it'll taint the image of motorcyclists even more, but at least he didn't kill anyone and it ended without incident -- i.e., maybe we're not gun-totin' thugs or crazed crystal meth tweakers after all.
If you got caught doing this (c'mon most of us he heavily populated areas have wanted to or have at some point), just pull over early, smile and fess up to the speed (cops hate it when you play dumb), saying you were racing to or from a really hot date (which may or may not be the truth). You'll still get some strong words chastising you, but a few infractions might get removed from the ticket, or at least bring a little levity to the situation. ;-)