A couple of days back while reversing my Corsa Sail 1.6 on a rough road, I accidently (read stupidly

) banged the rear underside onto a raised rocky wedge. The sound was enough to make me skip a heartbeat or two.
On immediate inspection I saw that the exhaust pipe had gone a bit inside the the car(towards the engine) and stuck itself up under the bumper. With a little pushing and nudging the stuck pipe was freed from the bumper but the muffler hung loose from its mounts in the rear bumper and this confirmed my fears of a bend in the pipe somewhere along the length (the muffler had gone a good 2-3 inches inside towards the front and thus the mountings wernt holding). The pipe was also visibly touching the rear axle which it normally shouldn't.
Drove the car to a local mechanic and noticed a lot of nasty rattles from the rear end. The fellow confirmed my fear about a possibly bent pipe and the bend was located in the pipe near the manifold and in the part covered by the underbody shield. The pipe had not only gone forward by about 2 inches but also displaced itself laterally with it coming more to the centre of the car from its otherwise left-oriented positioning.
A quick call to the GM A.S.S blew me away when the friendly parts manager quoted INR 24,500 for a new exhaust pipe sans the muffler. Was feeling suicidal when the local mechanic told me that its not a big issue and he can make the pipe workable by reheating and bending it back into shape (well somewhat). The GM fellow had flatly refused to do any such antics at their end and had advised me to get the local thing done rather than spend the big amount.
Well, din't have much of an option as my mother would have knocked me senseless for ruining her car

(more on that later). Asked the local chap to proceed with his stuff and get things in order.
Well, the bent section of the pipe was cut, heated, remoulded and then welded back to the main pipe. It took a good 2 hours for the whole thing to be complete with the exhaust put back into its intended position. The re-worked section looked war-hit with all the hammering and heating but atleast the pipe was back into its original shape (cant say the same about the cross-section at 'the' point).
Post the surgery, the car's engine note has changed at lower RPMs and it sounds more guttural and deep (almost like a FFE) when in lower RPM or when pulling in a higher gear. The vibrations have vanished (thankfully) and I personally think the car's pulling better through the rev range with an improved bottom end. Might just be a placebo effect for all I know.
Still got an earful from the mother who got scared by the hollow sounding low rpm exhaust note and had to be convinced that the engine is fine and its only the wierd shape of the pipe bend thats causing the noise. On a cold start, the car vibrates noticeably more during the initial couple of minutes but settles down thereafter. I also noticed that the pipe, though now in place, touches the under-body metal shield at a point. Dont know if this was always there.
Can the experts tell me if there can be any sort of damage to the engine in the long run due to this penny-pinching exercise of mine?