I also have a 78 CB550K, when I bought it it last year it had 1800 original miles on it. Exhaust pipes were fine,the mufflers didn't look too bad a little rusting on the outside-THE INSIDES WERE SHOT !!!
Be cautious when looking to buy a set of these pipes unless you definitely know the insides are good or else you are throwing your money away
They rust from the inside out,
do yourself a favor if you are going to run the bike look for a Jardine 4 into 2 and then rejet