Are you actually worried about exceeding the 120,000 'in flight' messages, or are you possibly confusing that with the maximum queue size? (of which there is none).
There is no limit to the number of messages you can have in a queue, the 120,000 limit has to do with the number of messages where you queue consumers have requested messages to consume, but those messages have not yet been processed/deleted?
This is the defintion of 'in flight' from AWS:
Messages are inflight after they have been received from the
queue by a consuming component, but have not yet been deleted from the
queue. If you reach the 120,000 limit, you will receive an OverLimit
error message from Amazon SQS. To help avoid reaching the limit, you
should delete the messages from the queue after they have been
processed. You can also increase the number of queues you use to
process the messages.
Here is a link to confirm that the queue size itself has no limit:
Q: How big can Amazon SQS queues be?
A: A single queue may contain an unlimited number of messages, and you
can create an unlimited number of queues.
http://aws.amazon.com/sqs/faqs/#How_big_can_Amazon_SQS_queues_be
My apologies ahead of time if you are NOT confusing the two issues - if thats the case and you really are talking about exceeding the 120K 'inflight' limit, I'll delete my post.
By the way, found this question/answer, which will confirm for you that just because a message is in the delay queue, they are not 'in flight':
Do Delay Queue messages count as "In Flight" in SQS?