Only thing I can figure out about the use of the oil by suggestion (guy used it on a Bronco, dual exhaust, cherry bombs, 351) is that it provides less restriction on low volume of exhaust which on a v8 probably helped, whereas on a small 4-6 cyl. probably not as great in comparison to the overall diameter of the exhaust system.
My Dynomax muffler is flat oval in shape, about as big as a piece of paper, center in/out, 2" (IIRC). Cost about $30 from the muffler shop.