You didn't mention what year your
stang was or which state you live in, but I happen to like the X-pipe myself. This is kind of none technical response but, I just like the sound of an X-pipe better then a H-pipe.
As to the power department of an X-pipe, I think they are equal, or possibly better then a H-pipe, but they are more expensive and like Jesse said, they won't do much for a stock motor. But I would still recommend it. Like any mod, it helps to be prepared for the future! Besides, you got to love the sound
Emissions should not be a problem. Just ask the manufacturer if it is emissions legal in your state. They have to tell you and they will. Don't run anything that won't pass emissions! It a big headache you will want to avoid!