Badbagger, welcome to the site. Will get all kinds of responses to this, for exhaust notes are a subjective thing. Then there is the appearance factor and performance gains.
Here's what works for
me. After numerous H-D's and more than numerous exhaust systems, from slip-ons to full 2-2 exhausts, and full 2-1 exhausts, I went with the Supertrapp SE slip-ons for the Road King. They were rated #1 by Hot Bagger Magazine...
http://www.supertrapp.com/product_sections/cat.asp?CatID=43
A nice and rich, deep and low, classic Harley exhaust note without being very loud. Because I didn't modify the air intake or swap the already efficient H-D headers, the FI accomodated the slip-ons just fine. Gained a sweet exhaust note, shaved a few lbs versus the heavy stock mufflers, and perhaps a few ponies. Very pleased and would do it again without hesitation. I ride the King to cruise, not to blast the throttle and see how fast I can get from A to B.
To be sure, a full pipe system, 2-2 or 2-1, will deliver extra performance with the entire stock system replaced, saving lbs, going with a freer breathing air cleaner, and having the fuel injection adjusted. Will cost $$$. The exhaust note will tend to be louder and more robust. Again, a subjective thing. Many fine full pipe systems, from Vance and Hines to Rineharts, Hookers, Thunderheaders, etc. HTH.
How they look...