I have an '09 SERG with Fullsac TTS map and originally their 2" cores. It was okay on sound and ran well. I gutted the CAT when I did the install.
My wife liked my old '08 SERK V&H Ovals for sound and wanted to hear a "bit" more exhaust.
I found a set of Fullsac 2.5" and bought them. The sound is great and still when cruising at speeds, or lower throttle, I can hear the tunes just fine.
As far as power loss, I'm sure there is "some" down low, but to be very honest I don't notice any in my arse dyno. I still get mid 40's for mpg's and have a bit more rumble to boot.
I know that the old 2" would be the most HP/torque producing, but again, I really don't feel any difference. I did the 30t drive sprocket change after I had ridden with the 2.5" for a year or so. I've stated this before, but after the stage 1 upgrade, I feel that the 30t drive sprocket is the most bang for the buck, especially if you're a bit on the heavier side and ride 2-up 95% of the time.
So that's my 2ยข worth for today...