Before you buy an exhaust, you need to decide how far your going to go with your mods and what area of the rpm range you want to build power in. When you have answers to those two questions, you can narrow your choices of which exhaust to buy down to the proper diameter for your powerband goal.
If you are only going to only do the basic 4 bolt-ons (intake, header, high flow cat, exhaust), I recommend a 2.36 or 2.38 inch exhaust, which is what 90% of the exhausts out there are.
If you'll be doing more than just I/H/C/E, you may want to look into a 2.5 inch exhaust, but that's only if your going to do a minimum of a "Stage 1" cam setup and want a high powerband.
The next thing to decide on is the style of muffler you want. There are 3 types of muffler design: Chambered, straight through, and twin pass.
Chambered mufflers are the quietest aftermarket exhausts, but at the expense of high rpm exhaust flow speed which, of course, stunts high rpm power slightly.
Straight through mufflers are wide open and free flowing, allowing maximum exhaust flow at all rpm's. The downside is that they're loud. How loud depends on the size of the muffler canister.
Twin pass mufflers are the best of both worlds. They're as free flowing as a straight through design and as quiet as a chambered design. There are only a couple of manufacturers who make these, and they aern't cheap.
So having said that, the Apexi N1 is a 2.36 inch exhaust with a straight through muffler design and a small muffler canister. It's one of the louder exhausts out there. Will that fit your future needs? Apexi is a quality brand, so if the specs of their N1 fits your powerband needs, you like it loud and like how it looks, I say go for it.
Magnaflow is good stuff too, it's what I have now. I unloaded my first exhaust (an Apexi WS, chambered muffler, 2.38 inch) to go with the 2.5 inch Magnaflow system because I'm going for a high powerband and have "stage 1" cams.