If a new chip came out I wouldn't upgrade. To me personally it wouldn't be worth it. I would only upgrade if they integrated the hd-dvd with the console. As for the noise issues, I have the HD-DVD drive with the 360 and I don't notice the 360 noise at all in my setup. The only way I can hear the 360 is if I have the volume down very low on my receiver. Also the only time I consider it to make excessively loud noise is when I first power it on and it's spinning up, other than that it's fine. Of course noise level is a subjective thing and different people consider different volume levels loud/not loud.
Edit: To be more clear, the drive in the 360 is loud, the external HD-DVD drive is not from what i've seen.
Sony LED 3DTV 55" NX810 Yamaha RX-A3060
Polk LSi15, CS2, and PSW505 12" Subwoofer, Toshiba HD-A35, PS3, XBOX One
Last edited by rparamount; 2006-12-27 at 04:50 PM.