Welcome C&S ....
Obviously, the full turbo back will give you the best benefit as far as flow, egt's, and HP....
(the numbers I've heard are about 200 degrees EGT drop with just a full flow MUFFLER, and about 25 HP for a good mandrel bent turbo back...)
The Cat back will probably give you about 75% of the benefit of a turbo back.... egt's/flow/hp...
and SOME feel the cat back is more warranty friendly, although that is a HOTLY debated topic
good luck !
And since you're one of those Dang Yankees you'd best get a stainless exhaust to fight off the salts for a few years
or you could chose the Walker BTM muffler that was suggested to me... and has worked out well... for < $100 installed I have a significant drop in egt's and better sounding exhaust until I'm ready to do the full turbo back...