Before we discuss this further, read about Tire Standardizing Organizations and Load tables here:
http://www.geocities.com/barrystiretech/index.html
After that, then let's talk about what is written on the sidewall.
Thanks for the link. Interesting reading.
One of the things that struck me was the arbitrariness of the max pressure listed on the sidewall. Unless I read the article wrong, it seems to me that it has nothing to do with tire construction (well, except for speed ratings), and everything to do with how tire companies interpret a vague government regulation.
I wondered about that when I had my last set of winter tires. They had a max pressure of only 35psi written on the sidewall, which was a pain because 35psi is Honda's recommended pressure for the stock tires and I like to set my winters a little higher - around 40psi.
Although I had a few qulams about it, I decided to run the tires at 40psi anyway. I did that for five winters, and never had any problems or noticed anything unusual.