http://www.vtcoa.com/forums/showthread.php?t=16563&highlight=x-pipe
http://www.vtcoa.com/forums/showthread.php?t=19083&highlight=x-pipe
http://www.vtcoa.com/forums/showthread.php?t=19083&highlight=x-pipe
This is how I understand it:
X-Pipes generally make a little more HP and a little less torque than an aftermarket H-pipe.
H = low end torque
X = high end horsepower
Both help for smooth exhaust performance and lower back pressure. The H-pipe only works in the lower RPM range and effectively turns off when the RPMs get above a certain point. The X-pipe does not have a high RPM cutoff point and works across the whole RPM band.