yes, the mazdaspeed is just an axelback, if you get a full cat back you will free up more pwr due to the more freely flowing exhaust, now if you were to get a custome cat back to the mazdaspeed axelback, i believe you would be the first one with that... it could be fun to do
ive had the mazdaspeed exhaust, it was pretty nice, i loved the look of it more than anything! when i got the obx header it made a very loud buzz in the cabin at highway speeds more often referred to as "drone" around the forums.
now i have a obx header, with corksport power series header back exhaust, and only 1 hi-flow cat that i had someone weld in(it comes cat free). So if you have the header combined with this exhaust you are basically running straight pipes. THIS SETUP IS AS LOUD AS AN ANGRY BANSHEE!!! When i got the hi-flow cat welded in it got alil quiter then i added the silencer...STILL LOUD AS A BANSHEE, just not so angry of one. HOWEVER it sounds soooo bad ass, really it does the tone is awesome, and its liveable around town spends etc, but anything above 45+ plan on cranking up that stereo. As for performance it is probably one of the best due to the fact that it is a header back, its just a little to loud for my taste...
thats my 2 cents