RE: exhaust
SLP Loudmouth Axle-Back exhaust. It will cost you around $300 for the setup. You will not gain much if any horsepower from it, where you get your gains is from a different mid-pipe and headers. I would go with a CAI + SCT Xcal 2 for your first mod.
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-Ryan
2006 Tungsten Grey Mustang GT (5spd):
C&L CAI, SCT Xcal 2 (91 Octane Brenspeed), SLP LM's, Steeda Tri-Ax, IUP, Tint, Shorty Antenna, Stars and Stripes pony, blackout panel, slotted tails
1/8th Mile---8.655 @ 83.35 mph (2.083 60')
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