I managed to hit 35mph on my MTB (Trek 6000) and that was down a reasonably large hill, or as large as Suffolk has to offer anyway. It was way beyond pedalling out and I was tucking in as much as is possible on a MTB.
I can hit 30mph, albeit briefly, on the flat on my roadie, but sadly not 40mph, that is reserved for hills, dry weather and no obstacles.
All that said I do often manage to overtake car when riding on my Brompton in London, although I am not goign to make a comment about the speed of traffic in London
And finally, a heavier weight doesn't mean you descend faster. The laws of gravity apply equally and a heavy object will fall just as rapidly as a light one. Weight is only a penalty going up and is of no advantage going down. Has no-one seen the feather and hammer experiment on the moon landing