I have a new theory (at least to me) about this OLD topic.
The exhaust in my Z can be completely kept out of the cabin by driving with the windows closed. If I crack a window an inch or more, I begin to get some fumes. Two windows down is OK and putting the HVAC on at least speed 3 with fresh air improves the situation in any case.
In ALL cases, the smell is MUCH worse under deceleration or engine braking. So much so, that I often take it out of gear when coasting down hill to reduce the overall volume of HC and CO.
After playing around with lean/rich mixtures, + and - timing changes, during deceleration, thanks to Megasquirt, I came to this conclusion.
During normal driving with engine under load, the exhaust velocity leaving the tailpipe is high enough for most of it to escape the tail panel vortex. When you lift, the exhaust velocity drops drastically and much more of it gets caught in the tail panel vortex. This high concentration of exhaust fumes in the tail vortex finds it's way along the back, sides and underside of the car eventually to your nostrils.
What do you think about this theory? Cabin fumes are dependant on exhaust velocity at the tail pipe.