I think everybody should get off their high horses, and stop being so f**king hypocritical.
EVERYBODY has sped at some point. As Muel said, its (what appears to be, by all accounts) a quiet country lane in the middle of nowhere. If anybody here who drives can tell me they have never pushed there car along a country road at somepoint, then I will stand down; but until then, everybody saying "you were driving like a dick" etc etc, needs to think about what they are saying. I can quite honestly say I would have put my foot down if I was on the same road, I'm not enough of a hypocrit to say otherwise. At least he wasn't ragging it through a residential area at rush hour. Of all the places to crash, the place he "chose" was the most forgiving.
Hopefully lessons will be learnt from it, but to say you will never speed again is very wishful thinking! Sure, you'll take it easy for a while, but you'll soon be back to how you were. As much as you try not to, its just a pyschological thing in a car, you feel invincible.