Well if you are going to wrap the pipes, then coating would not be needed. You could also probably just use regular exhaust pipe.
However, the lip is used to mount the pipes, the collets go around the pipe and apply pressure to that lip to seal the exhaust. So some sort of lip is needed otherwise you would have to weld a bracket onto each pipe to allow the pipes to seal to the engine.
Unfortunately I dont know anything past that as I have never made any pipes.
The ride IS the adventure. The destination is just to get gas!