Honestly, that "cut the noise in half" part is exactly why I do it. More flutes spread the load out so it doesn't bang around as much in the cut. The finish is almost always better for me too, way less chatter marks. It's my go-to move for deep aluminum now. I pretty much only use two-flute for clearing out big open pockets anymore.
Way less chatter marks" is where I have to push back hard. In my experience, more flutes can actually make chatter worse in deep slots because they don't clear chips out fast enough. The chips get packed in there and then you get real bad harmonics. A sharp two-flute with high pressure coolant blows everything out clean. That's how you get a good finish, not by adding more cutting edges to gum things up. I've ruined too many parts trusting that more flutes means smoother.