dumped exhaust?
#1
#2
It'll be loud, torque may be a little better since restriction is lost, but economy not fully sure on. Muffler removals usually tend to rob your economy due to no velocity.
Here is a similar setup to what you are planning.
http://www.youtube.com/watch?v=PExYwCnbNMg
Here is a similar setup to what you are planning.
http://www.youtube.com/watch?v=PExYwCnbNMg
#6