Hi
Most of the people on here have replaced the standard and totally quiet original exhaust for something with a bit more sound.
Of which there are many all with different prices, finishers and sound.
Prices vary from £200 for a very basic system up to ...well some are very costly over £400.
Most are simply less deadened chambered style systems, very similar in original design to the OEM systems.
A couple are more radical.
Longlife will make you one up from scratch for your car and have a policy of straight through design, and of course the now out of production TT Mk4 was a straight-through design unlike any other manufacturer's.
Things to remember:-
The valve thing is virtually useless and can easily be disconnected. Just pull off the little black hose and stuff a screw into the end of the hose.
Standard exhausts can cost as much as stainless steel aftermarket ones, so take the chance to shop around you have the time but you will have to get something new as rusted exhausts are only fit for the scrapyard.
The car is utterly transformed by fitting a more vocal system. Totally and utterly transformed.
Your car will need an MGTF exhaust as pre 2000 MGF ones won't fit.
The three bolts holding the rear box on will have turned into 3 little pyramids of corrosion and won't be coming off any time soon, so will have to be attacked with an angle grinder.
Best of luck