When you lose backpressure you change the cylinder scavenging effect. This can cause some of the unburned fuel and air to be pulled out of the cylinder before the exhaust valve closes causing loss of torque and heating up your pipes more than necessary. Having an effective exhaust is not as simple as removing restrictions. There are small diameter exhausts on many high powered engines because tuning is everything. I agree with what 5-90 said about the stock exhaust being a poor compromise. The engineers who design the exhaust for stock vehicles have to take in to account the cost of manufacture, clearance of front suspension upon full up travel, and numerous smog and noise requirements. The best performance comes from a system tuned for the specific application.