I recently had a VE Maloo that was cammed and already had 4-1's, high flow cats and a twin 3" Manta "loud" option with front hotdogs and rear mufflers. It got defected for noise, I sent the guy a "quiet" center with front muffler as well as hotdogs, he fitted that and it passed first go, so the Manta 3" cat back quiet version is legal. It's still loud, but not window rattling wake up the neighbours two streets over loud. When tested to the standard, it is legal.
With the car being cammed, I recommend 3", although 2 1/2" will be adequate. It will be quieter and do the job, but the 3" will open it up more and have more top end.