I forgot to mention that realistically any hindrance to power on these rigs on exhaust past the manifolds, in a stock setup, is going to be the "pancake" converter, that really does flow poorly. Not like you will gain 20HP from swapping it, but those type converters are why many still unwisely believe converters cost power. The new honeycomb design converters are little to no restriction in terms of power production.
Also, FWIW, going with too large exhaust is as much a problem as going too small. OEM's have access to a lot more information than we do, and since exhaust volume decreases as it cools (and increases again after a converter), proper diameter of pipe is harder for the lay person to go with "proper" sizing. Sticking near what GM used (especially for a stock/near stock motor) is going to be your best bet at getting the happy medium between low end and upper end.
If one knew the exhaust gas temp at various locations, one could determine volume and thus pipe diameter requirements, but I don't know anyone that has that sort of equipment lying around. Goal would be to keep the pipe as small as possible while flowing as much as necessary at whatever RPM was deemed most critical. Variable flow capacity is coming (if not already here) to solve the one size fits all RPM's problem that current common exhaust systems have.