The reason for 2 club minimums is to keep someone from running over 200, but not competitively.
If your vehicle meets a certain criteria, it should go as fast as the vehicles that have set records that are close to that criteria.
2008 1000cc records and minimums from the Bonneville 200 club:
CLASS RECORD HOLDER MOTORCYCLE SPEED DATE
A-BF Les Ranger Honda 208.146 1988
A-BG MINIMUM 210
A-F MINIMUM 205
A-PBF MINIMUM 210
A-PBG MINIMUM 205
A-VBF MINIMUM 205
APS-BF MINIMUM 240
APS-BG MINIMUM 230
APS-F Jason McVicar Yamaha 215.592 2004
APS-PBF Jon Minonno Triumph 213.245 1996
APS-PBG MINIMUM 210
APS-PF MINIMUM 210
APS-VBF MINIMUM 210
M-BF
M-BG Dean Sabatinelli 208.310 2008
M-PBF MINIMUM 205
M-VBF MINIMUM 205
MPS-BF MINIMUM 230
MPS-BG Joe Amo Kawasaki 240.913 2004
MPS-F Joe Amo Kawasaki 223.353 2001
MPS-G Stainless Steele Racing Suzuki 208.959 2008
MPS-PBF MINIMUM 215
MPS-PBG MINIMUM 205
MPS-PF MINIMUM 205
MPS-VBF MINIMUM 210
MPS-VBG MINIMUM 205
MPS-VF MINIMUM 205
S-BF MINIMUM 255
S-BG MINIMUM 240
S-F MINIMUM 245
S-G MINIMUM 240
S-PBF
So you could run a streamliner on gas and set a record at 200 mph. Yes, you get a record, but no red hat because it isn't competitive compared to what you could run. (If you think 240 as a minimum for a 1000cc streamliner is too high, please reference Joe Amo's ridiculous, amazing, WOW 272)
So to give Thrust SSC a hat is not debatable. It may not fit any category you want to wrap your head around, but is truly the fastest wheeled vehicle.
There are a select few, and should remain a select few that fit that category.
Just because a snowmobile went over 200, and may well be the world's fastest in that category it isn't competitive with a comparable motorcycle. It's also the one and only to try. So huzzah for running fast and being the first to do it, but it would make the red hat less valuable to give them one.
I went over and shook the hand of Francis Morin -- wearing his new hat.
While I was typing this was posted. So if you can get that pogo stick over 200 you can get a hat.
Well, I guess I'm going to be building a Group G vehicle for next year so I can get a cheap red hat.
Group G - Quad Racers