continued from above
The old X-pipe was removed and the cats were inspected. Yep, both of them were clogged up. Driving over some curb somewhere probably smashed the internal matrix and ruined them both. So they were cut off and the Magnaflow stainless 3" mufflers were acquired (we're a Magnaflow dealer now, in case you guys need anything). We also added 3" V-band clamps and flanges to the header collectors, which made me happy as they are the least leaky type of exhaust junction.
On this system we moved the mufflers further back and set them under the recesses made for the exhaust under the saddle style fuel tank. Yes, there is a fiberglass heat shield between the mufflers and the fuel tank, and we added some DEI gold foil reflective insulation there as well. The turn-downs are also pushed further back and now dump just under the axle housing, with the heat of the exhaust not near the axle. We've run the car at two race weekends since and had zero rear axle heat issues.
The guys made some custom rear exhaust hangers and the system was buttoned up in less than a day. Ground clearance is still excellent and the sound is... well.... it sounds like a race car now. I certainly wouldn't recommend this for a street car or daily driver, but we don't need ear plugs driving it on track, so it is appropriate.

The Magnaflow mufflers should last for years to come, too. Listen to the in-car videos from the race coverage below to hear the sound.
There was some weight savings, of course, but also some extra room around the rear axle. We run the ride height at back of the car
very low and it was getting tight between the axle tubes and the over the axle 3" pipes under full bump travel. Parts of the old system will be reused at some date on another S197, as that 304SS custom over the axle section still looks great.