MOBS
The Mad Scientist
You cannot get around the front O2 sensors, they control the AF ratio, the rears only monitor emissions, they can easily be deleted. AIR & EGR can also be easily deleted like the rear O2 sensors, its all emissions. Running rish can do more than just put out soot, you can also wash your cylinders if its too rich & then your in for a rebuild.
Honestly I'd say the best bet would be to order a set without any O2 sensors or emission provisions, like a race only application. Then have a exhaust shop weld (1) O2 sensor bung on each collector to monitor each bank. I have not found a single set of longtubes for these 96-97' trucks with the right O2 bungs which is kinda weird. You can get them all day long for 99'+ trucks.
Are the post-cat bungs the same thread and size as the pre-cat bungs? If so, I'd say cut out your old post-cat bungs and have them placed into your collectors.