Does it need to be faster than a 1080 custom ? Perhaps custom vega's will be fast enough for that. Also in terms of noise I would wait for the launch to judge how noisy it gets. Price and performance are both important and if they can come in under the 1080 price with 1080 performance it will make noise.TDP is far more nebulous than TFLOPS figures, AMD would have quite the egg on their faces if MI25 doesn't come close to the 25TFLOPS its name would suggest and the various configurations it's in, than their polaris power efficiency numbers.
Even if they are boost numbers that the card would rarely hit, they'd have to be stable enough that AMD are willing to have them on professional cards, so that desktop cards should easily hit it as well.
There's a rumor going around that AMD are launching it on 9th May and that the card will have 1.6Ghz+ boost frequency. That'd be a pretty quiet launch considering their 'make some noise' advertising and even at those boost figures they wouldn't go past 1080 custom cards when you take into account the confirmed time spy score of a Vega variant. I don't think there's going to be some magical driver development that'd increase its numbers compared to Fiji at the same clock, those slides were marketing and as nebulous in their performance numbers as TDP is.
I'm hoping they were able to beat 1080 performance however. We really need two strong gpu makers in the industry otherwise things will get worse for all of us