It should be right. There was a V4R there on the weekend with a full system that was stamped for 107dba. These things are 98-100db
Possibly a dumb question, because I've never done this before, but am too cheap to pay someone. For the install you mention silicone sealant on the muffler to muffler pipe. and muffler pipe to mid pipe, but water as lubricant for everything else. Why do the other connections not need/use sealant?
The other connections are more than tight enough without the sealant. Zero leakage. In fact, the water is needed as a lubricant (ok with stainless steel) to make sliding those connections together and doing so ACCURATELY - i.e. as far together as needed, but not TOO far. It would be hard to pull any of them back OUTWARD because of the tight fit!
But the rearmost 2 connections, the muffler to muffler pipe. and muffler pipe to mid pipe, are notably looser, probably to ease installation, and so more prone to leak with exhaust air being pushed through. In fact, on my install, even with the sealant in there, the muffler pipe to mid pipe connection, upon first startup, leaked a tiny bit of air, but quickly stopped as the silicone sealant (good to 400 degrees or more) was heated and sealed the connection. No leakage after that.
Also, using sealant on the other connections, when not necessary, would make future disassembly, if ever needed, much harder, as the silicone really does "seal" parts together.
I had done numerous exhaust systems in the past, and kept the assembly and disassembly lessons I had learned on them foremost in my mind!
I do have one new suggestion though. I think I recall the removable baffle in this Delkevic system as having no hole in its end that faces the FRONT of the bike. This makes it impossible for a tuner to push an AFR sampling tube up the exhaust sufficiently to get a TRUE afr reading when tuning the bike on a dyno (which you might be contemplating doing). If you do go to a dyno tuner eventually, you'll want to have the baffle either entirely out of the system (if that is the way you will be running the system after the tune), or you'll want to drill a small hole in the "front" end of the baffle, of large enough diameter to allow the AFR sampling tube to pass through it. Of course, the larger you make that hole, the louder the exhaust will become.
Or, you could make the hole in the baffle JUST large enough to pass the sampling tube through it, tune the bike for a "baffled" exhaust, and then after the tuning session simply replace the drilled baffle with a spare UNdrilled one.
Finally, SOME other owners of SOME exhausts (any brand) that have removable baffles have reported that if you remove the baffle, but either reinstall or leave out the screw that fastens the baffle into the exhaust in place, you either get, or eliminate, an audible "whistle". This is caused by the exhaust airflow going past either the screw, or the hole in the side of the exhaust that accepts the screw, acting as a musical instrument like a horn. No kidding.
Jim G