Yup, the (perforated) inner pipe is 1-7/8" diameter; I have an SAE Paper filed away somewhere written by an engineer at GM Research in the late 60's which stated (with lots of empirical dyno evidence) that the turbulence created by the pressure waves induced by the protrusions into the inner pipe reduced the flow of hot gases and created more backpressure than an ordinary non-perforated pipe of the same diameter.
I participated in a day-long "A-to-B" comparison on a '69 Camaro Z/28 with factory chambered exhaust which was being changed over to the standard factory conventional dual exhaust two years ago. Same car, same day, same chassis dyno, no changes to the car except swapping the exhaust system. Made three pulls with each system, and the standard factory dual system made 25-30 more peak rwhp than the factory chambered system did. Didn't have instrumentation to measure system backpressure differences, just the dyno numbers.
I'd expect the differential to be much higher for a big-block, as it's trying to pump 50% more air than the 302 in the Z/28.
Corvette sidepipes and Chevelle/Camaro chambered under-car systems were NOT engineering-inspired; they were Sales/Marketing-inspired, and generated LOTS of option profit and "street image".