I was wondering the same thing and would also really love to hear an other 550 for comparison. So I will try to describe mine.
I feel mine is fairly loud too with a sort of hiss from the top end that increases with rpms, even after installing a new tensioner. I've been checking valve clearances and cam chain tension almost on a weekly basis
It seems that the majority of my noise is coming from the exhaust valves on 1 and 4, though that may only be how the sound bounces from under the tank. I also get a bit of hiss from the behind the points plate (even though I am running a Dyna). Carbs have been synced with Morgan too. At low rpm 900 to 1000 I get a knock from the bottom end which are likely clutch plates that gets louder when the bike goes from the upright to side stand position. I just put in 20W50 oil and it quieted things down a little bit. I have new rebuilt carbs going in today hopefully so that might smooth things out a little. I found the bike was much quieter after I put my cam back in (after tensioner install) and lubed everything with Lucas as assembly lube. After it washed away, the noise level increased.
Hope that helps. I'll keep monitoring this thread, maybe more 550 owners will chime in.
Have you tried ear plugs? fixes the problem instantly!