Hi. I just recently bought a new car, a 2001 Chevy Prizm Lsi. Now, since it has a corolla engine in it

i was wondering if I could get some feedback here. My dad actually has a 2000 corolla, and since they are basically the same car, minus the radio and the body, I was wondering about exhausts.
They do have the same exhausts, and since I am a student trying to become a doctor...I really don't have a lot of money to spend on cars right now. I just bought a TRD strut bar for my car, and it is a beauty. I want to move to the exhaust. Tsudo racing makes an axel back system for the car. The Fireball axel back exhaust system! For 140 bucks, you can get a cheaper version of the 5zigen one...
My question is does anybody have this, and if so here are my questions....
1. How does the muffler sound?
2. Has it held up well/how long have you had it?
3. In general, have there been problems with the car after installing an aftermarket muffler?????
I'd really appreciate some input on this since I have wanted a muffler since I started driving 4 years ago. I just keep hearing contradictions about mufflers for this, and really all cars. Saying things like...."NO BACK PRESSURE IS BAD FOR ENGINES!!!" "ENGINES THAT ARE FREEFLOWING ARE BETTER ENGINES!!!"
I hope some one has the fireball or even the N1 to just comment upon it. Thank you!