The MK I (one), MK1.5 (one-point-five), and MK II (two), refer to ways of driving the FET, in a MC34063 based switching supply. Here is a drawing showing some preliminary tests done years ago:
The MKI, is the oldest and only actively pulls up the FET gate. Turning it off is passive thru a resistor. MK1.5, uses the MC34063 to turn ON the FET, thru the diode, then actively turns it off by way of a PNP. MKII uses a complimentary NPN/PNP buffer to both actively turn ON and OFF the FET.
After a bit of tweeking, I managed to get 80% efficiency out of the MK1.5 design.
The buzzing is coming off the coil, and will be a problem with all these designs. Its just the way the MC34063 works. It may be improved by choosing a different coil, or even potting one in epoxy resin. Usually, I find the worst buzzing under light loads. If you draw more current, you will get a continuous pulse train, as opposed to a burst of pulses here and there, creating the audible buzz.