Smaller exhausts promote scavaging which does have higher back pressure do to the smaller DIA and higher exhaust velocities which causes it to be a restriction at higher RPM or HP as it can only flow so much before becoming a restriction and increasing back pressure.
I usually always try to run the biggest exhaust I can with a merge (usually always an Xpipe) and a straight through perf core muffler for max flow. I stay away from crapmaster chambered mufflers and all others.
Wrapping the headers is usually always good and cheap but if u have ever had to deal with wrapped headers it’s not worth it lol. I now do my own ceramic coating (air cured creakote) and don’t even bother wrapping anywhere near where I need access or would have to work around.
I remember a test over a year ago, and the perf core was worth a solid gain over a chambered and a super turbo style muffler. I also saw where they dented a primary in half and it showed almost no HP loss.
Best I can say is design the exhaust around your power goals, RPm range and where you want it to be most efficient.