Not bad. Picks up nicely and rpms drop quickly like they should. Caution: an all too brisk opening of the throttle, will make the engine choke.
As fas as the issue you have, the air intake may play a role here, aftermarket exhaust not so much. Yours probably still has the K3 air intake. You can keep it, but then may have to change the main jets to say #90. If the air filter case and filter happen to be the old style, the models CB500, CB500K1 and CB500K2 had, you have a choice: either run #90 (or #100) main jets, or have the #78 main jets continental Europe had, in combination with the AIR DUCT (part number: 17340-323-610) on top of the airfilter box. See pics below.