Good work: that's more in line with what you should be getting.
As for the pump, all designs vary greatly. The direct drives are more energy efficient: remember the
johnson pump?
They're not always the quietest, but they're usually quiet enough.
I don't know how much you're planning to spend on that pump, but I would consider alternatives: 340 gph is more in line with what you probably want.
On the other hand, spending any more money on the rig probably isn't cost efficient: you might consider keeping your old pump, if it still works.