Here is a video of the noise on an i5 unit, so an i7 user can hear what we are talking about:
https://www.youtube.com/watch?v=P90axF499\_M&feature=youtu.be
I am also seriously considering returning the device. As another user mentioned, it simply hurts my ears when studying in a quiet room. Not acceptable on a premium device and not unavoidable - my iPad Air 2 is completely and utterly silent. I could go to the MS store and try to find a quiet unit, but the chances of that are small from what I've read here.
If anyone from MS could shed any light on this issue we would all be very grateful.