hmmm lets take a looksie...
HD Edition F150
5.4 Triton V8 with S/C
340hp @ 4500rpm
425tq @ 3250rpm
4700lbs
3.73 LSD
Your F150
5.4 Triton V8
260hp @ 4500rpm
350tq @ 2500rpm
4500lbs
3.23 Open Rear
Interesting... well you say they started to fall back at higher speeds... All i can think is the 20" tires they come with and the 3.73 gear started to hurt its performance... thus your truck had the better advantage. Your lighter weight also played a small part as well. And you make your peak torque lower which means you should in theory accelerate just as hard as they do... I dunno theres about 600 factors to run through but i'll just make it short and sweet...
Nice kill!