I just picked up an 03 cobra and I must say I've been out of the game for a bit. It was pretty much standard practice on all my older 5.0's to drop some headers and off-road pipes with flowmasters in it first thing. So naturally I picked me up some 2-1/2" flowmasters and turn-downs, and a 2-1/2" x-pipe off-road pipe. MY GOD IT SOUNDS LIKE ****!!!, I swear it sounds as if there are rocks in the exhaust. I yanked that off-road pipe within 3-days and put the one that came with the car on there. It happened to be a 2-1/2" catted system. It only had 2 cats on it so I am assuming it was after market as well. In any case, I already have a pulley on it running about 16 lbs of boost (came setup on the car already) and a cold air kit (K&N). To the best of my knowledge thats it although whoever had the car before me obviously did some work to it. I am just wondering a good place to start making some changes. I am running 8.07 @ 93mph in the 1/8th on street tires (real street tires not drag radials). I think with a few mods I could easily get it into the 7's. Is the exhaust the right place to start? Long tube headers, 3" exhaust??? Like I said I am out of it for a while so I have some catching up to do. 
Thanks
Ben
Thanks
Ben