keep in mind the exhaust is almost 2" and the o2 sensor hole is barely a 1/2"
but if it ran better, aside from the issues of no o2 sensor, then you are highly likely to have a clogged cat.
The coil if it is bad, will absolutely kill power. If you spray the stuff with a spray bottle, dont lean on the car etc. you will not get shocked. It will arc to the engine head (path of least resistance). Just keep your distance and do it at night, so yo can see the light show, versus looking for it.