Found the fix for my stupid exhaust! (pics and a question).
 

I finally just said fuck it and bought a Racing Beat y-pipe to fix my busted one. This is a very, very nice piece. I almost wish I would've just splooged on the whole cat-back, but it's the holiday season, money's tight, blah blah blah.

Ok, so here it is ($150+ a bit of shipping, and you can't do any better then this):
http://img76.exs.cx/img76/1870/img35324pq.jpg

Hopefully I can hang it tonite, but I have quick question.

See that chunk of steel between the two pipes? That came with it, and it looks alot like the cat hanger, but my hanger is welded on and in good condition. Is there another use for it that I don't know about?

Thanks guys!

Yep, that's the hanger that goes between the cat and the y-pipe. If there is a hanger welded to your cat, then you can just use that one. If your bored, grind off the old one and install the new one...