My first was louder & more annoying than a crying baby, but this one is quiet as a mouse :)
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No I have an elite so it's overall very quiet but core etc can be really noisey, it depends if there's any dust in the fan or how well it's ventelated I guess.
It all depends on which disc drive you have, like some cores can have drives by Hitachi or w.e and be quiet, but then an elite has a Samsung drive and sounds like a 747 taking off.