This is over all a interesting question, and by the answers, not an easy one at that.
So if you take a look at the pressure in the exhaust with lets say 2" outlet, you really don't have much to work with.
There will be a big surge up to just over 2 bars for 20 degrees of crank rotation out of 720 degrees, then the pressure drops to about .5 (1.5 absolute) for the next 180 degrees of crank rotation. If the pipe is close to the correct size the velocity will be close to Mach .4 to .5. Now the next 520 degrees of rotation the pressure and velocity are at "0" are less ( so no help during that time ). You are moving your exhaust in pulses that are working for you about 27 % of the time are less so your net for 150 hp will be somewhere around 3 to 4 pound of thrust max at WOT.
You really can't compare what's going on with a gasoline engine with a Nitro-methane engine. Nitro engines have a major chemical reaction that converts the Air/ Nitro mixture into Hydrogen. The Hydrogen then ignites in the pipes and adds tremendously to the thrust in the pipes, and looks cool at night.
Rouse