Yeah, they are highmounted open exhausts. The stock exhausts on the SV are fugly, it must be said. That, and they are way too silent. I seriously couldn't hear the engine when I was riding. Can't have that on a V-Twin I still have the stock exhausts, obviously.
I don't think the SV and the VTR look much alike, except for the fact that they are both big V-Twins The VTR is an awesome bike, I wouldn't mind riding an SP2. It's in a different class than the SV, though. The SV is usually classified as a "sport cruiser", whereas the VTR is a much sportier bike and is classed in the "racing" category or whatever.
Yeah, the originals on the SV are positioned similar to yours, though I don't think they point upwards as much as yours. It's not their position I didn't like, just the overall look, shape and sound of them that really bothered me.