Most of the U.S. aircraft didn't have colored markers on their airspeed indicators like G.A. aircraft today do. Most had placards mounted on the panel indicating Vne and included altitude differences. So, if you're a geek like me, you prefer the gauges to be as historically accurate as possible...
I use my airspeed indicator all the time during fights as its a good predictor, to me anyway, of what maneuvers are available to me--especially those involving the vertical. In the Jug, for example, with 200 showing on the Airspeed Indicator, I know I can just barely immel the ship, whereas with 175 indicated, I won't try it at all.
It also helps, as has been described above, to learn the different speeds for your plane, as they are pretty accurately modelled. I also keep an eye on the E6B for mach effect when I'm at high altitude. If you start showing over .7 mach, its time to ratchet down the throttle or slow your decent, or both...