The advantage is the leverage you get, if you use the emery cloth strips. I believe the pipes would flop around on your table. However, the process for removing the exhaust is not difficult:
Put the bike on the center stand.
Loosen but do not remove the bolts at the cylinder head, the collector, and the mufflers.
Once everything is loose, remove all the bolts, and lower the exhaust.
Remember to prep the metal very well before painting. It should be VERY CLEAN so the paint adheres, and you have a good smooth finish on the pipes.
You should replace the exhaust seals (small copper rings) where the pipes meet the head when you put everything back together.
Good luck with whichever method you choose. Upload some pics when it's al done.
Luke M
Used to have a 1979 CB750L, sold it as a parts bike, now riding a slightly modified 1984 VT700C. Network/Field Engineer. Central OH, USA, Earth, Sol System, Milky Way Galaxy, Universe.