I too drive a 1996 Accord.....and I've been looking at exhaust systems too. Borla does not make an exhaust for the car. The Flowmaster costs about $300, but does not sound that great (in my opinion). By far the best system is the MagnaFlow. It is a little more expensive ($460), but it sounds awesome.
These are cat-back systems.....they include the resonator, mid-pipe, and muffler.
.....or if you wanted to spend less you could just buy an aftermarket muffler. It's totally up to you and how much you want to spend.