Actually, in the end of the head-pipe is a restriction that reduces the diameter of the head pipe before it enters the silencer to about the size of a medium sized thumb or a bit smaller. That's a good bit of restriction. It is supposed, according to what I've been given to understand, to be part of a kind of catalytic converter (EPA stuff). If you want a nice deep and proper "Thump" and to allow the engine to breathe out much more easily, you might want to get either the Indian or the English made original 'shortie' silencer and headpipe (the present OEM headpipe won't fit either silencer). These units are obtainable from Classic Motor Works in the U.S., or your RE dealer can obtain (and install) one for you. I think also Watsonian in GB handles these as well, Over here in "the colonies" (US) they run between c. 180 - 280 USD Indian made or British made for the headpipe and silencer without installation.
L & L in Hubbard Ohio got my set and installed it for me and it made a real difference with regard to power as well as giving the bike a really nice, pleasing, but not too loud 'Thump'... i.e., the neighbors won't want to kill you when you ride by.
Check out (If you're in the States) CMW's on-line catalog, or, if in the U.K., Watsonian's.