The article is referring to crankshaft hp, not RWHP. But I generally agree, just about nobody on the street should need exhaust larger than 3".
I agree with this as well, since the increased velocity will provide better low-end torque. I would much rather have every-day usable torque than a couple hp at 6,500 rpm.
I also wanted to point out that these calculations are essentially to make sure the exhaust is not the "bottleneck" of the system. Of course you could make more than 566 hp with 2.75" exhaust, but it's going to be more difficult (I think the F.A.S.T. guys are making 600hp with 2.25" exhaust). The trade off, as I mentioned earlier, is that you lose low end torque as the pipe diameter grows, so it's probably safest to pick the smallest size that won't kill your power potential.
BTW I will be putting 2.5" exhaust on my 500hp stroker.
Assuming the chart is correct, then going from a 2.5 inch dual exhaust to a 3 inch dual exhaust allows your engine
to generate over an additional 200 hp. This is not just a few hp at 6500 rpm? Also, my Cuda makes about 625hp. If I switch from
my 3 inch system to a 2.5 inch system, the chart says I will lose 200 hp?
Also, if the chart says the most horsepower you can make on a 2.75 inch dual exhaust is 566, how can you make more than 566, unless
maybe you go to a supercharger or turbos.
Lastly, if I have, say, a 500 cu in motor that makes 600 hp on a 3 inch dual exhaust, am I going to see a significant torque increase by going to a 2.5 inch exhaust. Right now my engine makes max torque at 5400, and max hp at 6000 rpm.
One additional consideration. I have a 3500 stall converter. That is supposed to double the engine torque to the rear wheels in the low rpm range. So, I can get max higher rpm power, and lots of low rpm power. But even with a lower stall converter, I don't think the torque gain from a smaller diameter exhaust is going to be much, especially if your torque peak is in the higher rpms. If someone is serious about street torque, then the cam profile would be a major consideration.