My first car was an older CMC, and my second was a JPS. As most of us know, the JPS and Vintage bodies are the same.
I had the problem Mickey is describing with the CMC- the engine seemed to ride higher in the body than the Vintage/JPS. I tried three (maybe four) exhausts on the JPS-- all cleared the body. On the CMC, I put on a simple EMPI Monza, and had to trim the rear valance to get it to fit.
The exhaust in the picture is John Leader's car. In that configuration, he had an A1 sidewinder installed with a single center out tail-pipe. The tailpipe is shipped loose on these, so they are adjustable to a certain extent. However, they have 1-1/2"- 1-3/4" primaries so they are for bigger engines (I think you've got a 1600, no?), and they are quite a bit more money.
A hide-away isn't a bad option. It's a true equal length header, rather than something like the Tri-Mil-- which (while nice) is just a big-tubed stock-type exhaust. Before the Tri-Mil flames start-- I want to go on record as having installed one on my JPS with very good results-- it just isn't a "header" in the true sense of the word. I'd stay away from the EMPI single or dual quiet packs-- they hang out the back pretty bad, and look horrible (again-- I had one of these as well).
I'd also stay away from the Mexi-VW header/canister-- I also had one of these, but never could get it to come close to fitting. It was the most poorly manufactured pieces of junk I ever bought for any car (and that's saying something).
One of the shops that advertise in "Hot VWs" makes a "Thing" exhaust that looks pretty nice. It isn't an EMPI part, and Eddie Janis had one on his car-- really nice.
The Cadillac exhaust for a stock, 1776, or 1914 engine (IMHO) would be the CSP 1-1/2" system. There isn't anything cheap about it, but it's a true header, has two mufflers, and exits in the stock VW location (which means it looks like an OEM 356).
Or you could just buy the Tri-Mil and give it a try. I'd spend the extra $15 and get one from Kirk at Vintage-- it's still only about $100 I think.
Good luck.