That (with a "T") Junior, is a rumor \:D \:D
Now YOU go look for old rusted cafeteria serving and counter tops, that is also 409 stainless- another "rumor", no?
Surely, even a/c mechanics have probably read new construction building specification manuals stating that the project's kitchen counter and serving tops be...ta-dah! "giddy-up 409 stainless steel".
Why, I further bet if you had 409 stainless exhaust on your Nova you could back it off into your backyard pool and leave it for say, six years, and never see a bit of rust, and at the same time be saving a lot of stainless 300 series money that would be better used on pool chemicals and upper control arm bushings ;\)