The more I think about it, the more I think a single 3-3.25" OD would be more desirable than a dual exhaust. It would weigh less, flow the same or better, would be easier to make, use less material and therefore cost less. It would also eliminate the need for a balance pipe.
I think dual exhaust was used due to ground (and other) clearance issues and the possibility 3" mufflers weren't common (or available)? There is also the possibility duel exhaust had the perception of power similar to quad exhaust now and 4 stacks on the old ocean liners!
So my next exhaust will be a single where possible, with a dual outlet.