Not too bad. It has a noticable drone at 1800-2000 RPMs. I had previously replaced the stock system with a magnaflow universal (dual outlet) that had almost the same drone. The magnapack is generally louder in all states. But I have to say that the drone is not any worse than the magnaflow universal and does not impact the ability to talk on the phone or listen to the stereo. Where you REALLY hit drone is when it is under load (up a hill) in low gear and you are hitting 1800 RPMs. So it's not something too bad all the time.
But be warned that you better love the sound of an engine before you do this setup. It's not something that only "car guys" are gonna notice. When you start the truck, every rabbit, squirrel, rattlesnake, dog, coyote, spider and human for 1/2 mile is gonna say "WTF is in that truck???". And when you get on the accelerator, you will strike fear into every Prius driver for miles around!!!