Water flowing into water, with no air source, is virtually silent. The primary drain starts and ends below water level. If you can hear it, your ears are better than mine (not that big a challenge, really... I have tinnitus!)
All the valve is for is to slow the flow enough so that the primary drain is not quite sufficient to allow for all of the flow your return pump produces, so that water levels are maintained above the siphon tube inlet. You get a 'trickle' through the higher inlet drain, which doesn't make much, if any, noise.
Tuning a herbie is easy. Open the valve all the way, turn the pump on and let it settle to full flow. It'll be noisy... don't worry about it. Slowly close the valve until the water level starts rising, very slowly, in the overflow box. Let it rise, until it starts trickling down the 2nd inlet. Got too much going down the 2nd inlet? Open the valve a bit. This is why I recommend a gate valve. Ball valves just don't give you the control you need to regulate flow.
New systems may take some time to settle in... but once it's been running for a few days, you'll seldom have to touch it.
I do recommend using sandpaper to smooth, even bevel the 2nd (trickle) inlet opening. Seems to reduce noise a little.
A strainer of some sort over the primary (siphon) drain inlet is mandatory, in my opinion. An open tube, fully submerged, is far too attractive a target for snails and such.
Oh, and I always test for safety... while it's running normally, plug the primary drain. The trickle drain should be able to handle ALL of the flow, though it's going to be noisy. This is good... let's you know there's a problem. Another safety test is to plug BOTH drains. If your system is set up correctly, it will empty the return compartment, letting the pump run dry, BEFORE the tank overflows and makes a big mess. This is the reason for the BeAnAnimal setups... gives you an additional layer of protection to keep this from happening, but if you set it up right, it becomes unnecessary. Note: An ATO system can really cause you a headache on this one. It's going to detect low water, and try to refill it. The Tunze has a timer in it, where if the pump exceeds a given run time, it alarms, and turns the pump off. Nice feature
