Yeah, Phat Boy's are pretty loud, but what's your definition of too loud.... have you been defected, do you just not like the noise level, or are you trying to get under the noise limit at a track ???
I used to have issues getting under the 95db noise limit when running at tracks, and I solved it by simply putting a 2.5" 90 degree bend on the exit of the muffler... direct the exhaust straight back rather than out to the side. I also had one of those baffle setups from a Monza 4 tip on the end of the bend, but soon ditched that part.
Jezebel is still loud, tho can't be too bad since I live only one block from the local police station and have never been pinged. On the noise meter at the track I went from 96-98db down to around 91db, which suited me just fine.
Cost me a grand total of $15 something for the bend and a bit of time in shed... tho admittedly mine is mild steel rather than stainless.
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'70 Hillclimb Bug 'Jezebel' w/- Haltech EFI -
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'60 KG Coupe - resto kinda started
01 New Beetle - gf's car, but I turn the spanners