It looks to me like the original can was cut short and then the insides gutted........basically, an extreme Ragnar cut.
It looks like the front baffles are still in there and intact, but the rear section of the pipe that contained the rear set of baffles has been totally removed/cut off.
Here's a couple pages on the Ragnar cut....maybe they'll give you some idea as to what happened to your pipes.....
http://luiscajiga.com/Exhaustm.htmhttp://luiscajiga.com/Exhaustm2.htmThere's two members that I'd pm to ask further questions. Fudgie and MarkT. I think Fudgie has cut his exhaust can and he might can give you some insights as to what the inside looks like. Also, MarkT builds exhausts for our Valks and is no doubt an authority on what the inside of our exhausts look like more than anyone else here I'd think.
Good luck.
