At first glance there's nothing too unusual about this bike, certainly not for the layman.
However, there a a couple of bits missing from each exhaust tip...
They were cut out using one of these...

attached to one of these...

And the result is this
keep your first cut to just behind the outside weld, this will give clean edge and a flush fit for any replacement pipe.
The pipe that gets left in place is welded to the baffle wall, it's not going anywhere without significant force, so it's safe to leave it there.
In retrospect, I would not have gone as deep into the exhaust on the second cut, my bike is now quite loud. Not so loud as to attract attention through normal riding, but when you whip it it barks. So, if you were to do this, I would recommend making the inside cut about 5mm inside the can... ride it, test it, then make more cuts if you like.
A steady hand and gentle rocking motion will help give a neat cut, don't try and force it through the metal; it's stainless and it will chew the cutting discs to bits if you do. I used a dozen discs on the first can, but only two on the second can... guess I finally got my hand/eye together.
If you make the final edge as square as possible you can replace the cut pipe, returning the can to stock "sewing machine" sound again.
Edited by AzzA, 18 September 2009 - 10:06 am.