I can tell you from personal experience that the Zalman ZM850-HP is very very quiet. In fact I would go as far as to say the fan is almost inaudible. I need to put my ear right next to it to even hear it.
And I have tried a heck of a lot of fans over the years (and settled with the Noctuas, even those I reduce in speed slightly) and am very fussy about system noise.
One word of warning though is that I currently have mine away for RMA. Since upgrading to my IP35 board and GTX260, there was a terrible screaching/squealing sound from the PSU. Contacted Zalman and they apologised for the inconveniance and told me to return it, so I assume they are aware of the issue.
Will see what happens when i get the replacement, but other than that issue, I found it an excellent unit.