My experiences with high horsepower street engines have led me to use a smaller exhaust pipe over the years, coupled with some electric cutouts. Actually being able to use something like 800 HP on the street is not possible, in my experience. You'll just spin the tires. I've done burnouts while going 65 or 70 MPH; what's the point if you can't hook the tires?
If you do decide to go with a big exhaust, think about how much weight you will be adding to the car, compared to a smaller exhaust. On the street, the big exhaust won't help you, and the extra weight will slow you down.
Put a good 2-1/2" exhaust system on the car, with either electric cutouts or caps that can be removed at the track. With the electric cutouts you can open them on the street if you want to get full flow through the headers, and if you go cheap with the caps, you can pull them off easily at the track to get your open headers that way. My advice is not to waste a bunch of time and money on some huge exhaust system, because it won't do you any good. Just my opinion, of course...