De-catted mine on Saturday. Heat dropped pretty dramatically on longer rides.. still seems a little hot on shorter rides, but not as bad as before. I did not notice any real change in sound..maybe a decibel or 2..not going to give you the roar you want. As far as performance- I did not notice any issue with loss of power, etc. Mine still has stock slip-ons etc.
One thing I am wondering- all pics, etc. I have seen on here and other places with someone de-catting shows a complete uninstall of head pipe, etc. to do the job. My cohort and I left the pipe on the bike,,removed heat shields, cut pipe and scraped that crap out. Covered bike with shop towels and welded the piece back on. Seems easier than taking pipe off of bike and having to deal with holding it still, etc. during the process..plus no gaskets to replace. Heat shield covers the weld so asthetics is not a problem either..what am I missing?