Dumping the exhaust behind the rear axle?

I was crawling around under my duster the other night and I noticed whoever had the exhaust put on must have been a newbie. It hangs way too low and its been pieced together. I was going to take to a muffler shop and have them run new pipe and reuse my old mufflers since they look fairly new.

I'm not a huge fan of chrome tips coming out the back. It looks cool on a lot of cars, but I'm not sure its my style.

Do any of you guys have your exhaust dumped after the rear axle? I've got a mild 318 and its not overly loud. I just don't want a lot of drone. The old guy at the muffler shop looked at me like I was crazy when I suggested it.

Any suggestions?