From what I've read, most all aftermarket exhausts either reduce HP or don't add any except the Supersprint. The Dinan is supposed to add 10 at redline and little or nothing below 5000 rpm, but their system is just a stock setup with the baffles cut out and some chrome tips welded on. They have the nerve to charge upwards of $2,200. U.s. for this. LOL. The SuperSprint is supposed to add 5HP roughly down in the lower midrange and builds to 29HP (if I'm remembering it right) near redline. The stock system seems dificult to beat.
I am thinking this is a mixture issue, as higher flow often reduces power in one area and gaines it in another, but higher flow should never reduce power everywhere unless the mixture isn't being corrected as I suspect is the case here.
I recently posted a question / speculation on this very topic under modifications.
I had the Supersprint on my last 850i (1992) and liked it very much. Nice burble at idle but quiet at 700 RPM and above.
I'm shopping for a system now for my '91. Best price I've seen is $1290. u.s. on the SuperSprint.