I've been flying an El Diablo, (built light, by others!) with an OS FP-15 with the stock muffler....the WHOLE stock muffler, not the shortened one. Using a 9-4 APC, it turns about 11K on the ground on 10% fuel, and runs at a steady slightly rich 2 cycle.
Flies about 5 sec laps on 60' .012 lines (legal for 15's!)
This airplane is about 430 sq.in. (that trailing edge / tips are hard to measure!) and weighs about 20 oz dry.
I haven't seriously checked the fuel consumption, but it would seem that 2 oz would work for the pattern. Paul Walker's B-17 uses 4 of these and uses 8 ounces so it seems about right.
As far as noise is concerned, the stock muffler is amazing! Folks on the other side of the circle did not know the engine was running when I started for the handle! From the center, it almost sounds like an electric, with the prop noise being most prevalent.
Igor Burger (Slovakia) has developed a small plane he calls "The Tiny" with about 350 sq.in., for use with .15 size Max III, FP and LA engines. He has developed a very neat foam wing, with an epoxy coated paper covering....the wing prices are reasonable (about $40), but shipping from Bratislava is a bit pricey!
I'm working on a "mini-Impact", based on scaled Impact numbers to fit the 350 wing and the 15FP....no, it won't used a pipe!
Note that Tower has a 'universal muffler' for the 15FP which consists of an exhaust manifold, facing rear, with a snug fit to the engine, for remote muffler mounting (muffler included). This could be tucked back under the fuselage, much as a pipe, for balancing purposes.
Also note that I'm a diesel nut, as well, and, in 2.5cc, have an original Oliver Tiger, the CS replica, the MVVS, an older Webra, as well as a PAW 15. These are all BB engines except the PAW, which, IMHO (and some test running), is not as strong as the FP.
I think that the 15FP is as strong as them all, except maybe for the MVVS DSFR. The diesels are significantly heavier than the FP, by about 2 oz, but do use less fuel, so the tank size is a tradeoff. From a sound standpoint, the FP is the quietest, but the diesels (with a stack of some sort) are not bad.
Just a nickel's worth (it ran longer than two cents), but I really like the 15 size concept for smaller fields, lighter lines and smaller airplanes (the pattern seems more 'roomy' with smaller airplanes!).
Go for it!
Dave Gardner