I've found a solution to this in Feedly, which takes your Google Reader data and presents it in magazine format, making it friendly to look at.
As for noise? I love its brilliant solution. Everyone is encouraged to share (through a simple icon on the item) articles or items that they appreciate. The articles that Feedly shows on your "Front Page" of your magazine are the items that are shared the most.
This assures that you only get the most interesting/noteworthy items right at your first glance.
There's also a feature that allows you to "star" a feed that is the most important to you, so they are given much much higher priority on the front page.
In addition to your front page, you have a different front-page of sorts for each of your categories/tags. The same method is applied to these, albeit to less of a degree. At the top of the category's page, the top shared are also listed.
But then, each individual feed is then listed with the most recent and relevant articles, which are also weighted by the number of times they are shared as well. It's an algorithm that basically works to ensure that the articles that are the most recent and interesting are at the top of the individual feed.
If you ever want to view an entire feed for a given feed, you can do that by just clicking on the feed's name.