Well, I might take that back, lol... Can you get a direct shot of the exhaust exit? Seems the first outside ring might have been cut out, but it's hard to tell.
Internal baffles are still there, though, that's for sure.
EDIT: Meh, still looks like they are there, just hard to see with the soot and my crappy work monitor.
2009 Aprilia Tuono - Ginger
2001 XR650R BRP (Big Red Pig)
2006 Honda 599 - Ex wrecked it :-D
2007 Honda CB900F (sold)
2006 Honda VTX 1300C (sold)