I only noticed the 37mph thing this morning.... I was trying to understand the posts as I use the HBA all the time, as has been said it's really lazy up until 38mph when it then decides to wake up, often a pain when I'm going down dark lanes at under 38.
Bit like the PITA speed limit on the folding mirrors.... why 31mph??? going down a country lane at 40 and you meet a wide SUV or tractor but I can't bring the mirrors in to save them.... the one thing I wish could be changed.
Regarding HBA, it's only programmed to work from 60km/h hence being 37mph. Simply put, it's an accuracy issued tied to how the cameras and sensors determine oncoming traffic. It's not possible to change it on a 7.5 - you can modify some of the parameters but the camera hardware appears to be the issue.
Unless you spot the problem at some distance, I think the mirrors take about 3-5 seconds to fold in and if you're doing 40 I'd be seeking alternative evasive manoeuvres!
We have a blight of Range Rovers who do the school run to a public school near us and I had a mirror smashed thanks to the owner having no comprehension of lane position. Blind corner and should have been hard left, came round over the centre line and I had nowhere but a soft verge and deep ditch if I came off the road. If I'd had time to react, the mirrors wouldn't have closed quick enough.