I used a £100 cat from the 'bay and it was fine.
If you think it is an exhaust problem then test it from the rear forwards until you find the blockage.
First, take off the back box, if you get a good exhaust from the back of the centre section, it is the back box. If not take off the centre section and see if the exhaust is good at the back of the cat. Be aware that that joint may be a 'slight' pig to break. At the end you will know where the blockage is/is not and you won't have to spend cash upfront. Also, you will have done the worst of the job by remounting the sections of your system.
Lots of plusgas, a cracker bar or a grinder and a couple of hours work, lovely.