Harley Sportsters in the late 90's to early 2000's came with an exhaust was joined together with an additional pipe. I was told once that the pipe connecting the two main exhuast pipes somehow allowed the two cylinders to work together to create more power. I don't know the science behind it, but I've heard similar claims with other 4 stroke (multiple cylinder) set ups, Dave. I have also ridden Harley's with stock exhaust systems before upgrading them with less restrictive exhaust. The back pressure in the smaller stock bike felt great, and I kinda wondered why everyone was jumping up to less restrictive pipes for any other reason other than a good "Harley" sound. I felt like they were much less torquey with the less restrictive exhaust. Most people who know about building horse power will tell you that drag pipes on a Harley are only effective if you're drag racing. Drag racing is one time when you want to get the exhaust gases to exit the pipes quickly. I think the key to all of this is matching your jets to your pipes. You have to have the right amount of air and gas coming in and exiting at a certain ratio. That's where tuning your motor comes into play. We can give you our opinions from out experiences, but every motor is different, and you'll want to tune to your climate, elevation, carb, etc. That's the fun part of building these little motors. They're easy to work on, fairly cheap to modify, and great for learning how to do some of this basic stuff.
Also, H Dave is spot on with the "don't quick cool the valves". I'm sure there is a science behind the custom exhaust, but I don't know that an exact science applies to what you're wanting with your go cart. I would worry more about how pi$$ed off the neighbors will be due to loud pipes than I would about the performance gains. Racing applications may need more attention, but you may not see much of a difference with your set up. If you can weld, you can make something for cheap. I can give you measurements of the pipe on my modified clone and my alky briggs. That might help.
Since we're talking about HP and pipes, I also wondered about the pipe wrap that you see on a lot of racing applications (I have some on my current Harley, on my kart, on my cheap $hi77y Chinese quad, and on both of my minis. The theory is that hot gasses will exit the pipes quicker than the the cooler gases (I think) and the wrap keeps the gases hot. I only use the wrap because I wanted to prevent burning my leg (I removed a couple layers of skin on my shin while getting off of the DB, and my son decided to grab the hot pipe on my kart). I have never noticed any gains in performance, but it keeps me and my sons safe. I'm not sure how much it would help in your application, but it might be nice to prevent burning yourself or someone else.