I don't remember where I read the article. But somebody did a dyno test between H pipe and X pipe and the H actually made more torque. As for the 3 inch exhaust, that's overkill. Unless of course it's a single. If your going duals I don't recommend going above 2 1/2 inch. I know I'm gonna hear it from some guys, but everyone always Over carbs, Over cams, and Oversizes their exhaust. Bigger isn't always better. As for mufflers, I like the turbo style muffler. It's not very loud unless you romp on it. I always thought they sounded better than a chambered muffler anyway. But I haven't used but a few manufacturers for mufflers so I wouldn't really be able to recommend a specific brand.
Well, right now I'll be making about 400 whp. That's probably around 475 hp at the crank. I do have plans of bumping the horsepower in the future as well. So, is a 3" exhaust really overkill?