Honeycomb style cats are generally fairly high flowing. It is the bat filled ones that are generally the problem
So.... I was looking into this. It is appearing to me that given the size and shape of our precats, they function pretty well as resonators with all the material removed. I tried to measure air flow through my old manifolds before and after removing the material, and I honestly didnt come up with much difference in flow, but then again my old cats were not clogged, so I didnt expect much difference in flow. My guess is that if people are seeing horsepower gains using gutted cats, the pulses and sound from the exhaust must create a resonance.
Granted I dont have a flow bench, I did my testing with a shop vac and some tubing and a ball to measure flow. Tried it with a squirrel cage blower too. The blower should move 450 cfm, so I figured that it was more than enough to test with.
Anyways, just figured I would throw that out there. Thats my theory at least, since otherwise in a lot of vehicles I have always seen loss of power through gutting cats.