Next step
I just wanted to expand on 04Ultra's muffler pics above. He had mentioned before about drilling out the two welds, but couldn't quite picture it until he posted the photos -- then it all made sense!
So I used a die grinder to cut through the welds and removed the cat to put on the shelf so I could give it to the new owner if I ever decide to sell my new 420.
In the photos below you can see the holes where the welds used to be. No point in filling them, as the screen plate fits right up against the outside cover.
Now that the cat was gone I could concentrate on making the muffler flow even better. The fish-gill slots right under the screen were now the target, so I removed them, then opened both sides of the screen holder. I also removed the deflector from the screen shell that just duplicated the one on the outer shell (see 04Ultra's last photo above).
This next shot is with the outer cover re-installed over the screen shell on the saw. I apologize for the quality of the photo. You can look in the opening past the screen into the inside of the muffler. Lots bigger and less restrictive.
I'd love to see how this differs in actual operation, but I left my tach home today.

I'll get back with a report later.
Have fun!
K9-Handler