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According to specs I have for my '92 351W, peak torque is at 2800 rpm and peak HP is at 4200 rpm. I would suspect redline to be between 5000 to 5500 rpm, but I've never tried to operate it at that speed.
My 95 with a 351 doesnt show a redline at all on the tach. Goes all the way up to 6000 with no problem accoring to the tach. Although I've never revved it up above 3800 b/c it shifts before then unless I manually shift it. My shift points are real low, I've got a 3.55 rear end and 33 inch tires so im sure that plays a factor, cause when the speedo is maxxed out at about 90 or 95, im only pullin 2500-2600 in overdrive.