I believe it is. The one in the UK was crashed and totally written off some years ago in a very unfortunate accident at a Manchester Air Show.
However, due to my address, I saw the UK one flying several times as I live close to the Mosquito Aircraft Museum, and was on the flightpath to BAE Hatfield where it was often kept.
You are right about the noise, on final approach it looked/sounded as if the noise was holding it in the air and aerodynamics had little to do with it.
Very glad the project has come to fruition.
