It came with the standard exhaust, which muted all engine noise.
I could not find another system (a potential problem in the future) so I knocked a couple of holes through the baffles.
Better noise but immediate problems with bad backfires (not popping but BANGS)
I did the usual of up jetting (the Dellorto, in this case) by about 10% across the range as a starting measure (main jet and needle jet), which seems to have done the job in the midrange and at wide open throttle.
Trouble is that I'm not having much luck on curing these really bad backfires on the overrun.
I went up to an idle jet of 50 (from the standard 45), then to a 60 and now to a 75.
The 75 seems too much.
I've tried raising the needle but it's running way too rich like that and just bogs down.
Either the carb was incredibly lean jetted to start with (and it was very hesitant below 3k revs, before I started this) or I am missing something. I've never had this issue before and I've messed with jetting, filters and exhausts on many bikes and I thought I knew what I was doing

The carb doesn't spit back on take up and falls back onto idle cleanly.
The issue is only when shut off fully, on the overrun.
I can cure the bangs by using a bit of choke (starting jet actually on the dellorto) via the handlebar graduated choke control, which indicates that it must still be lean. However, any sort of choke (at idle) on a warm engine will instantly stop the engine.
There are no exhaust leaks or any induction leaks that I can find.