Shandon,
I ran the same set up you're running for quite a while. Engine made more power "cat-less" and sounded pretty good but was already very loud. Not too bad with a helmet at speed.
Can't run the car at Laguna Seca and a few other tracks, so the stock exhaust is back on, for the time being.
A friend of mine and now Viper Cup driver actually had to give up racing for several years due to hearing loss / damage after getting too much volume / sound out of his comp coupe with no cats, no mufflers and side exit exhaust.
Straight pipes would be too much, IMHO, like Jon says, unless there's a whole bunch of money to be made.
Dan