The magnaflows are probably what's known as Turbo mufflers. They have a straight through design like a glass pack, but are not a glass pack.
I've only used 2 mufflers so far, Flowtech Purple Hornies Glass packs and Hooker Aerochamber. 2 1/2" pipes from header to muffler, with an X-pipe, for both. Purple Hornies are 3" in/out, header flange mount. Aerochamber are 2 1/2" in/out. Turn downs for both, no tailpipe.
Idle sound level is about the same. Cruise and wide open, the glass packs are much louder. The exhaust note seemed about the same, only varying sound level.
The Purple Hornies on my current engine are intolerable. Even short trips would have my ears ringing. I did use them on a smaller displacement, lower compression, and less free-breathing engine with an H-pipe and it was tolerable.
The problem with this info is that the sound level is largely dependent on the performance level of the engine, and exhaust tube sizing. So you may not experience my results, unless you have the exact same setup.
Regarding bypassing the mufflers, there are many products for that, from a simple cap that you unscrew to electrically controlled that open with the push of a button.
Frank Rice has an F-code which he has an X-pipe installed and he says it runs no different with or without mufflers. In that case, messing with cutouts would not even be necessary. But he has a full size car and I have a truck, so lots more room to work with. I have not tested that with my truck.
Lawrenceville, GA