93Cobra, I thought about it but went ahead and paid the $150 to a welder. Reason is that on a gen1, there isn't much room between the cat and the muffler. I couldn't really see how I could cut it off and slip/clamp a straight pipe in place.
My welder tacked the exhaust on two tables to keep everything perfectly in alignment once the cats were cut out. He then welded the new piece in and used stainless replacement straight pipe. Worked perfectly.