The newer diesel engines are much quiter and more efficient then our more ancient 123-series engines. I understand the new S400 CDI is extremely quiet and smooth, and has 250hp!
My dad had a 93 300D 2.5 Turbo when I had my 87 300 SDL and there's a huge difference in the engine noise, engine sound, and acceleration....
I just hope they bring the CDI's over. Otherwise, VW is your best bet for the smoothest/quietest diesel, IMHO.... (but no new TDI Passat)
-m