Nope. It's a feature unique to the C6 Z06 model of the Corvettes.

DaveW via CarKB.com wrote:
> Bob, Thanks. Do they have the bypass on the C5?
>
> Bob I wrote:
>
>>You are confusing a cat bypass with the Muffler Bypass on the C6 Z06.
>>
>>
>>>Has anyone heard of a modification to the c5 or c6 that you can remove a fuse
>>>to make the exhaust system bypass the cats?
>
>