And, even with the older motors, if you're about to crash, I think an exceedance would be a secondary consideration. Air Florida 90 at DCA may have had a better outcome if they had pushed the throttles all the way up when they realized that the takeoff performance was less than normal.
Just to add some more balance to this discussion :
With these computer controlled engines (FADECs etc.) commanded exceedances have been taken out of the pilots domain. The pilot can of course command computerized functions like TOGA etc. and still firewall the throttles until they bend (sic), but the engines will obey the logic designed in their computers.
Thus I wouldn't rely very much on
machoism in descision making today