If 40 PSI compromised safety then the max pressure would be 40. There is no way in hell a tire manufacturer is going to expose itself to liable by making the max psi 50 if 40 compromises safety.
The reason 35 PSI is recommended is because that is what is required to operate it safely under max gross load. Since none of us drive it under max gross load it is fine to run higher.
From TireRack...
Higher inflated tires cannot isolate road irregularities well, causing them to ride harsher. However, higher inflation pressures usually provide an improvement in steering response and cornering stability up to a point.
I'll let them know that they are wrong
When an auto manufacturer recommends a tire pressure, it is the cold tire pressure (which means car has not been driven for several hours, and ambiet temps are about 70 F).
For each 10 degrees difference in ambient temperature (away from 70 F), the tire PSI changes by about 1 PSI (up or down). In addition, tires get anywhere from 2 to 5 PSI higher (depending on driving speed) after being driven for awhile. This is because of the flexing of tire belts, which are typically made of steel or other material that heats up when rapidly flexed.
The net effect of the above is that if you put in 40 PSI cold tire pressure, by the time you have been driving on a hot day at 70+ MPH, you tire pressure could be about 45-48 PSI. Depending on the speed rating of the tire (H, V, Z, etc), it could be dangerous to the tire.
With regard to the handling of the car at a particular PSI, that is determined by the car manufacturer, not the tire manufacturer. Auto manufacturers are a little more concerned with ride comfort (to help sell cars), so you can increase tires to a few more PSI than the auto manufacturer recommends, but if you go too far beyond that then you could be affecting the safe handling of the car.
With regard to the Tire Rack quote, they mean "somewhat" higher. At some point the handling will actually diminish if you go too high, and the safety of the tire itself can be compromised if PSI is too high. As stated before, the risk changes depending on ambient temps, driving speed, and tire speed rating (H. V, Z, etc).