I'm partial to the cp-e (obviously... see sig for details
). Mind you, it was released before the Meisterschaft; however, if I had to make the decision all over again, it'd be the same one.
I'm not a fan of the major bends in the Meisterschaft. A cat-back system doesn't make a huge amount of power to begin with and by adding unnecessary bends, you're taking away from functional design. That and I personally feel that the cp-e has the best sound on the market (obviously this is all a matter of opinion).
Good luck making your decision!