IMHO, swapping the original headers on the 110 with 96 headers is the cleanest option but coring a 1.6 or 1.5 inch hole in the cat would be so close to a clean pipe in air volume that you would have to have a very sophisticated ass to be able to tell the difference in performance between the two. The pressure in the headers would decrease substantially with both options, as would the heat, while the airflow increased. With the cat hole, the velocity of the air would be faster but I think the air volume would be damn close. With the cat hole and Fullsacs, the slightly higher pressure in the header might be just the right amount of back pressure. Don't have experience with that, tho.
This is almost a classic air flow / velocity / volume challenge..
I plan on coring and then moving on but I am not anal. I am a "big picture" guy caught in a detail world.
Road hog