I have always felt that Flowmasters were more for sound rather than performance, not saying that dont help at all but....the exhaust going through all those chambers VS. something like a magnaflow where it s a straight through design.....just my .02
Today's vehicles are tuned pretty damn close to best your going to get MPG wise, with all the cafe standards etc, it's important for automakers to squeeze every mile.
I agree its an air pump.... Here is where i have a different view on a fuel injected more. The o2 sensor will always adjust the fuel to get the correct air fuel ratio, so more air in and out also requires more fuel.You won't really feel "seat of the pants" horsepower increase just be installing flow masters.
Like the Sgt. said, Think of the engine as an air pump. But I'll add that the exhaust can only put out as much air as the engine can suck in. did you do anything to the air intake as well? and when you say a "flow master exhaust exhaust system" are you talking from Exhaust manifolds to Tail pipes? or you put on some flow master mufflers?