Improvement? Yes---but what sort?
I've said here before that as I was going into Land Speed Racing, I did both the fancy intake tract with filter, and a complete Magnaflow cat-back. None of these things made ANY difference in the top speed I achieved in the mile. In fact, by a few hundredths of a MPH, the very first run I made was the best. So do the intake and exhaust mods for the sound improvement and the modest improvement in gas mileage---NOT for more power.
In order to go faster, I had to go to a competition-grade N2O package from NX, on top of the intake and exhaust mods, and then add a methanol-as-fuel combo to go with the NX hardware to achieve the record. After that, every time I added more methanol to the combination I upped the record. We still hold the Maxton E/F CC record with my '02 LS Sport. (See 'Land Speed LS' in the HP section)
KS