It may make a bit more noise than the older one, but it certainly does not make "a lot" of noise. And the short travel is also not a problem, just a personal preference. As I said, I much prefer it, as do many others.
Personal anecdote but I was on an film set recently with mine, I'd planned to just work away because I was only going to be needed if things went wrong but on a quiet set I actually felt the keyboard was so noisy that I'd worry it would be getting picked up on the microphones. It felt uncomfortably loud even if they're filming a good 10 meters away.
I actually do like noisy keyboards in my own home, but the issue with Apple is if one size fits all then you really need to think of all the places that machine is potentially going to end up.
I often travel with public transport, including by train. Noisy people on smartphone is annoying, but there is a silence coupe where people have to be silent. So you can go sit there, right? Then it becomes apparent how noisy these newer Apple MBPs are. Whenever I get annoyed by the noise of a laptop, it is that.
And unfortunately I cannot listen to music and read... I wish I could! But I can't...
It is a lot of noise compared to my flaretech red switches. It is a lot of noise compared to my current and previous MBPs are previous ThinkPads.
Also, I even have my TouchPad on silent (I prefer than over the < 2015 versions even though the 2014 have less design flaws).
You prefer it, I don't. Many others prefer it, many other's don't. Like the touchbar, it was a controversial change. But if it then turns out to break regularly, then it is better to return to the previous design.