Wrong. The rotten egg smell is the sign of a PROPERLY working "cat". If the cat has failed, you wouldn't smell anything but a strong hint of RAW fuel.
The reason he got the rotten egg smell is because the O2's were failing, causing the car to run rich, in turn overworking the cats causing them to burn off all that excess raw fuel....walla rotten eggs with a check engine light.
Destroyer......unless you get headers, you're NOT going to be able to remove the drivers side cat. You can bash the substrate out of the inside of it, but you risk pieces shooting up into the engine. I'd recommend removing the resonator and the 3rd cat and running true duals(NOT flowmasters!). This is what the drivers side exhaust manifold looks like......this is from my exhaust post.
http://mark8.org/vbulletin/showthread.php?t=15018