A lot of the fan noise is the PSU, it's also creating lots of heat which is really not helping. The hot air coming from it was raising my CPU temperature by almost 10 degrees. I guess you learn to check your power requirements before you buy the hard way.
I basically have two options. Buy a decent 750W plus PSU, or sell both cards and get hold of a better single card with the money. I'd like to get the PSU but I suspect that's an expensive option.
I know two 460's beat one 480, which is why I wanted that setup in the first place.
Regarding the temperature of your CPU raising by 10 degrees, are you sure its not the increase in heat from your dual 460s circulating inside your case that's causing the raise in CPU temps - your PSU should be pumping hit air out of the case via it's exhaust fan?
If you're happy with the performance of your dual 460s but want to lower the noise and temps, then I'd look at either trying to improve airflow further by replacing your case fans or upgrading your PSU to a decent quiet 750w or possibly an 850w PSU if you think there is a slight chance that you may crossfire/SLI two higher-end and more power hungry gpus .