NGJockey,
What you are describing is OK, with the requirement flare and reduce the thrust to idle, of course the IAS will start to reduce.
Of far greater importance, regardless of the speed over the fence (within Ops. Manual/Performance limits) is putting the aircraft on the ground with the runway still ahead of you.
It seems more than likely that the most recent 737NG loss in India was another long and/or hot landing, from credible eye witness reports ---- in an aeroplane with relatively high Vref and little brakes, to start with.
Tootle pip!!