each police force has its own guidelines for treating speeding or dangerous driving, northumbria police normally offer the speed awareness course for speeding and a driving awareness course for bad driving "my sister got the bad driving one a day after passing a test after crashing into a lamp post and driving off " this is only offered for the first offence, get caught again and its strait to court
I think that there is a time and place for speed, as earlier posts, deserted motorway, good conditions, not being aggressive that should be ok, above 20mph outside a school or through a housing estate then you deserve to have your knuckles wrapped IMO
Remember the speed limits and stopping distances were set in the 60's in a Ford Anglia!!!