^^ ujbhatti is right.
exhaust noise is not related to its performance but it is cause if you more noise mean you have less silencing or clogged exhaust system and car feel very free and more powered due to this easy out flow of gases.
I have expereinced this by removing bikes muffler from silcener, bike runs extra faster. same goes for cars, if i install a new exhaust, it always give extra comfort for the car engine.