Great item - Not noisy at all!
Upgraded from a 4 year old 9200T to this new model (my old unit's clock card failed after 4 years - hence the upgrade.)
The unit supplied to me was clearly the latest spec of this machine as it has the latest firmware and no USB port on the rear (old 9300T's have an UNCONNECTED USB port.)
The fan is not noisy at all on this unit. It comes on during boot up for approx 5 seconds then remains off during use. The only noise the unit makes is the HDD which is hardly noticeable, even when my TV is on mute.
Fantastic unit, great price, great build quality and reliability.
Why anyone would buy anything else when in the market for a freeview PVR is beyond me!
Although Humax might not have big name status, they certainly ake the best freeview PVRs on the market.
You won't be disappointed I'm sure.