I'm spamming my 2-cents (and that's more than what it's worth)
I prefer a quiet exhaust, not just for hearing protection, but for pissed off people and cager protection. In my opinion riding on street is a skill where you navigate who you are going to piss off and when. Ideally it is never, which means you only ride track.
However if you ride street, loud pipes really only save you when you are not aware of the situation you are in, which should never be the case. Mistakes happen, and I get it, but we also like to have fun, and loud pipes in my opinion will absolutely reduce your fun, and only bring extra unwanted attention to you.
I much prefer slipping through unaware, then a cager fully aware of me and trying to block me on purpose because they are raging.