I'm running this catback, and I've been very pleased with it. In the past, people have had some problems with rust but I believe that was before they coated the exhaust. I purchased mine last fall and have had zero problems.
Power gains were pretty noticeable. The only mods I have is an A'pex Power Intake and this catback. I noticed a pretty good increase in throttle response and power, and this exhaust was installed after I had been running the intake and stock catback. The stock exhaust is so restrictive, even just 2 simple things like this can be considerably noticeable. As far as how much power, I can't give you an exact figure.
Like I said I have zero complaints with the exhaust. It's a well made, mandrel bent exhaust. The exhaust is quiet with a low rumble to it with the stock looking dual tips- just as I wanted. I have a clip up on Youtube, but my recorder didn't pick up the sound as good as it should, so I don't feel like it's a totally accurate example of the sound.
I bought it before I really saw what the vendors were selling and before I noticed them selling any stock looking and sounding 3" catbacks. I'm not even sure if any on here were even selling any like that when I bought mine. If I had a stock exhaust still, I don't know if I would buy this exhaust, only for the fact that at the cheapest price you can find it, you can get a stock looking and sounding custom one from a vendor for several hundred less. I paid $520 shipped and that is by far the cheapest I've found it and that is still a lot more than ones by vendors.
Maybe a dyno proving the HKS one is superior would change my mind, but I don't know. I'm glad I have mine and HKS is good stuff, but I guess it depends on your budget, wants, goals, and whether or not you want a "name brand."