The first time I turned my return pump on and heard the noise, I thought "Oh ****...the wife is NOT going to be happy with this". Luckily, I had already installed the ball valve and it took about an hour to really get it locked in, dead silent.
Well, in good news, you're absolutely right... Doing it that way, it really was dead silent. In bad news, to get it there, I had to restrict the lines to the point that it wasn't keeping up with the return pump. I spent a couple of hours playing with it, running the pump at different power settings, fiddling with the valves, etc. Just can't seem to get it balanced.
Do you have a pic of your setup, by chance? Any special trick you did? Thanks again!