Got installed a week ago. So far so good. 
I love the 3rd rack for little things.
It does clean well - have not done any heavy duty items, but I have not had to do much of rinsing before they went in the dish washer. I try to run some things under running water for a second so they don't crust up while waiting for the next meal's dishes to be loaded up, but no scrubbing has been done and I've been satisfied. I did try to clean the mildew off the ridgy silicone material and that was not as successful though... 
It's quiet enough but you can definitely hear it running if you are a few feet from it. 
It looks good in my kitchen :)