I feel your pain on the noise. I researched and read reviews on these things for over a year before finally deciding to spend the BIG BUCKS on one. I don't do lawn work for a living, but I'm all about buying things that are well built/made.
That being said, I bought mine in June, used it a total of 12 times, (changed engine oil after 8 times) and a deck bearing starting raising hell on it. I'll also mention that I'm very picky and take very good care of everything I own. (rinse and blow mower off after every use)
I took it back to dealer I purchased it from, they replaced the faulty bearing. Mower was 89 days old at this point. I go to pick it up and the lady at the counter says, "Your total today is 68.25". I said, I just bought this mower in June, she says Oh I'm sorry it's no charge. I suppose if I didn't say anything I would've paid.
Anyway, I took it home, started it up, engaged blades and HOLY HAYELL!!! The blade tensioner is rattling so bad, it sounds like a rod knocking. I will also mention that I've been an auto tech for 25 years and am very capable of working on all types of things. However, I paid 2k for this thing and it has a warranty!!
I took it back, as it obviously was not making this noise before. They adjusted the blade brake cable and attempted to charge my wife $40 when she went to pick it up for me. Needless to say, she/we didn't.
Got home, unloaded it off of truck today, started it back up, engaged blades and low and behold, noise is still there.
I will be making any further repairs myself and will never purchase another exmark product again. I will mention also, I have a Honda 21" bagger that I traded a set of screwdrivers and 100 bucks for, that I've used for 3 seasons without any problems whatsoever.