Exactly what year stator and CDI were installed?
Was a Polaris 'Ignition System Update Kit' installed, or just parts from a newer year engine?
The flywheels on some 2002-2004 models have different base timing than all the other domestic flywheels, and the CDI from those engines will run with retarded timing if used with the regular flywheel.
Regarding the sound getting louder, check the water injection into the exhaust manifold. It is a small diameter hose that runs from one spot on the ehaust manifold to another. One end has a mesh filter screen when you unscrew it, the other has a restirction orifice. Both must be clear, but do not enlarge the restriction hole.
If there is little or no water flow into the exhaust system, the water box will end up with no water inside, and that will make the exhaust sound louder.
Look for an aftermarket valve in-line with the exhaust water injection. Called a
Jetworks valve, they are designed to limit water flow at low RPM, but automatically open to allow water flow into the exhaust when engine RPM rises. Over time, these valves often get sticky, and don't allow the water to flow when it should. If you have one, you can remove the valve and just connect the hose ends together to allow water to flow all the time.
Also check the large rubber hoses in the exhaust system, especially the U shaped hose, and the one between engine and waterbox. Look for soft areas or signs of heat. If the exhaust manifold water injection is not working properly, the rubber hoses can overheat and degrade internally.
If you aren't sure, take the large hoses off, and look inside for bumps or de-lamination. Replace any hoses that have been damaged or are soft.