171 knots at 6.5 a side (13gph total), but that's at 12,500 feet. Even at 8,000 feet, it only goes 162kt at 80% power and 7gph per side. It appears that most of the speed comes from going up high with the turbos, which means you'll spend more time climbing at a slower airspeed. Sea-level ROC is 1180 fpm, Vy is 90 knots. Figure a cruise climb might get you 800 fpm and 105 knots.
So, if you were to go on a 100nm flight for example (I picked that number because it's about as far as I'd be flying today if I had a plane!), if you go to 8,000 feet, you'll spend 10 minutes climbing at 105 and 16 minutes descending (500fpm) at 165 on average, spending 17.5 miles climbing and 44 miles descending, leaving you to cruise at 162 for just 38.5 nm or 14 minutes. Total trip time: 40 minutes.
Say I go to 12,000 instead, spend 15 minutes (26.25nm) climbing and 24 minutes (66nm) descending, that leaves only 7.75nm to cruise at 171, which would take about 2 minutes and 40 seconds. Total trip time: about 42 minutes - Longer time and more fuel burned despite the "faster" cruise speed.
Here's a couple more distances/times:
200nm, 8000, 1:17:18
200nm, 12000, 1:16:48 (ooo, a 30-second savings!)
300nm, 8000, 1:54:20
300nm, 12000, 1:51:54 (2:26 faster)
400nm, 8000, 2:31:22
400nm, 12000, 2:26:59 (4:23 faster)
500nm, 8000, 3:08:24
500nm, 12000, 3:02:04 (6:20 faster)
If we extrapolate in the other direction, we can assume that at 4000 feet we'll be doing roughly 153 knots on 15gph total, and my 100nm joy flight today would take 40:09, actually 6 seconds faster than the 8,000 foot time. On a 500nm trip, it'd take 3:17:01, only 8:37 slower than the 8,000 foot time.
So yeah, you can go high and make the bird seem fast, but when it comes down to it, you spend so much time climbing and descending to get that fast cruise speed that you're not really going that fast - A normally aspirated Cirrus would kick your butt.