I've coded an IRT based algorithm (the same kind of algorithm the GMAT uses), and everything Brian says above sounds correct to me. In the additional official tests (the Exam Pack ones), I haven't analyzed the pool of Verbal questions, but it does seem that in Quant, sometimes the overall difficulty level of the questions can skew very easy. And as a consequence, you need a lot of right answers to get even a halfway respectable score. Conversely, on the older free tests, which had a huge supply of very hard questions, you could afford a ton of wrong answers and still get a great score, provided those wrong answers were only on the hard questions.
So what's likely true is that you predominantly were answering easy questions (correctly), which persuaded the algorithm you were very good, but there weren't many questions to let the algorithm differentiate between very good and extraordinarily good. That's a fault of the question pool on those particular tests, not of the algorithm (which is simply probability theory - it really can't be wrong). That fault won't be replicated on test day, because they'll control more carefully what questions are available in the pool on the real test.
The old rule of thumb should still apply - provided the wrong answers are on hard questions (which they almost always will be), normally one wrong answer in Verbal produces a V49 or V50, and two wrong answers a V47 or V48. With three or more, you'll get a V46 or lower. Your Verbal scores have been outstanding, and I think you should likely view this particular score as a V46-V47, and not as a V42, since if you were to perform identically on the real test, you'd likely be in the 99th percentile range.
And I'd add, it does sound like a big difference, between say V45 and V49, but those are both 99th percentile scores. I don't think the test is designed to differentiate clearly between test takers at that high a level in Verbal - there just aren't enough questions that V45 test takers usually get wrong but V49 ones usually get right. I'm not even sure what such a question would look like. That's not at all true in Quant, where there's a very big difference between a Q45 and a Q49, a difference the test is very good at recognizing, since there are lots of math questions a Q45 test taker will find difficult that a Q49 test taker will usually answer correctly.
Anyway, I wouldn't worry about this particular score, and since it's extremely hard to improve at Verbal once you're scoring in the V46+ range, as long as your pacing is fine, I'd say you're very ready for your test, at least in the Verbal section. Good luck!