Reversion flow occurs primarily in high rpm engine decel. It's not very common in that i have only encountered 3 or 4 customers (that I know of) with catalyst reversion damage. It destroys liners, pistons & rings. 90~92 model style manifold/cat are more susceptible due to the close proximity of the cat. I have posted a photo below.
If you anticipate road course type driving where engine decel braking is common, then you could eliminate that concern by installing headers and eliminating the cats altogether.
I am not aware of any late (93~95) catalyst reversion damage. Moving the cats further aft. The early (90~92) manifolds were discontinued with the 93~95 models, which were offered as direct replacements. I am not certain, but would imagine late style heat shields would also be needed.
I don't think it is anything to get overly concerned about for the vast majority of ZR-1 drivers.
BEFORE
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Jerry Downey
JERRYS LT5 GASKETS & PARTS
http://www.jerrysgaskets.com
1994
ZR-1, Black/Black, Lingenfelter Aerobody, 416cu in, 3.91 gears, coil-over susp, Brembo brakes, etc.
2016 Black-Red, 3LT-Z51 Auto 8-speed.