I had a dodge ram 2500 with the magnum v10 before this car, and I tried several exhausts on it. Straight cats, no cats with bullets, no cats with 40 series flows, and carsound cats with a truck/rv series spintech dual in/out. It sounded pretty sweet with the spintech, still loud as hell even with the crossover/h pipe, but pretty deep. It was way too raspy with the flowmasters. I read about a guy that got his to sound close to a v8 with the Magnaflow bullets.
As far as the mileage, I never got above 8 mpg in the city with that damn truck. I might have seen like 13 on the highway a few times. Also, oddly enough, I actually felt a power gain down low when I went back to cats and the spintech setup.