That is usually the case with the 2 stroke machines but doesn't seem to be as much of an issue with this machine, at least the 121 vs the 136. It must be the wider torque band that tends to nullify that issue of scrubbing top end. Most of the dealers I know said they have experienced the same. I have had mine up to 116 also but was running out of real estate, though it was still climbing. I can't speak for the newer Apex's being they were changed to 128's or 144's. My 136 seems to pull my buddies 2011 144 which is clutched like mine.
To add to this a friend of mine had a 2006 Apex GT short track. He ended up converting it to a 136, skid, track and gearing. At the time he also owned an identical 2007 Attak GT like mine. The '07 Attak always outran the '06 Apex, after he did the conversion the 2006 was a bit faster.
Another key is these 4 cylinders seem to get stronger with more miles as long as you keep up with the maintenance. I have over 15,000 miles on mine, my friends 2011 144 only has 1900 on it.
I am not saying this is set in stone, the rotating mass makes sense. I know the 121's are geared higher. I just think in general the 136 version feels more planted and just hooks up better. I pretty much ride with all Apex's so I have had several to compare to. We always toss the standard Ripsaw tracks too. Every time I ride a short track 121 I notice a big difference. They seem to feel more squirrely, they spin and dart more and the rear skid feels more jarring and choppy. I really prefer this machine in a longer track.