Yes, it does. I don't really mind the noise, but beneficial side effects are always welcome.Oil bath also makes it quieter.
Getting it sealed is going to be the tricky part. It needs to not leak, but it also needs to breathe so it doesn't build up pressure as it gets hot. I was thinking about making my oil fill location also act as my breather. Maybe a hose barb fitting that I can thread into the housing. Then run a hose up up under the seat or fuel tank.