Ninja, the reason why you are running out of rpm's and hitting redline is because you havent gotten to the balance point. When you reach this angle which is more or less 10o'clock, you will notice that the bike no longer straining to keep the bike aloft but instead has settled to a nice stable hum, you wont be going faster either, just maintaining about the same speed. Try to find this point and you'll see your wheelies get longer and longer. I heard Sugar from one of the stunting crews mid west can do a one mile first gear wheelie. This is something im trying to do consistantly also.