For what it's worth, I just bought a Shapeoko for my personal studio. I'm figuring out a decent dust collection system now because I can't have dust everywhere. Noise will probably be an issue, but a whole bunch of folks have built well-documented soundproof enclosures. Other woodworking facilities nearby are a really nice thing to have, though- there are a whole bunch of other maintenance factors attached.
So far, I've identified: A solid work surface, dust collection (200-300$+), workholding (I think x-carve has some of that built in), enclosure, a means of milling/processing materials beforehand. It's incredibly useful, but I have trouble imagining how to make it work without the other supporting facilities.
Not in NY, but feel free to send over any questions. The Shapeoko seems great so far, but so does the new x-carve.
Sent from my Chalkboard slate