Hi Everyone
Had the 4 cats removed and the car is definitely more responsive! Not a helluva lot, but definitely better. I had a Viper branch fitted in place of the standard manifold and replaced the secondary cats with stainless steel resonators from Powerflow. Also, I plugged the vacuum pipe supplying the little disc in the one exhaust outlet with a bolt (M5 or M6 thread, can't quite remember the size), so both exhausts are now open. I did the same on my E36 328i a few years ago.
The car is a little louder, but, importantly, at highway cruising speeds it is not intrusive. One of my favourite things, though, is driving along at town speeds with the window down - its got a really nice smooth and deep burble.
Also, BTW, regarding the oil use as I mentioned in one of the previous replies, it seems the oil consumption has now settled at around the halfway mark on the dipstick...I kept topping it up and the car seems to keep using oil intil it reaches the dipstick halfway mark. Perhaps only an incorrect length dipstick???
Johan