I think PS/2 is 75, but that only applies to mice. Keyboards have an instant hardware interrupt, there is no such thing as polling a keyboard in PS/2. Which is one of the reasons my keyboard is plugged in there (along with I only have one blue cube, and its on my laptop) and my mouse is USB at 1ms/1000hz. I'd be surprised if you couldn't tell the difference between 1000hz and 125hz for a mouse. Also, by programs to turn it up/down, you mean drivers. Those are a step above/below software. Especially with the mice that keep that stuff on internal firmware, and then care not what's on the host computer.
You could try one of the usb polling apps, but all the ones I found only tested mice. I'd like to know how fast the blue cube and the iMate are, just because. So if you find a method to test and find out what its doing, let us know.