I used super-speed math last year almost everyday, and if I didn't do a day, the students asked for it. I wouldn't worry about them getting bored with it if you do it every day.
Personally, I had the students read the whole math sentence because it helps them remember, and it helps the slow processors not just sit and think silently. Saying the fact helped them. I didn't have them repeat the correction, but I really like that idea.
As for noise, you might have the students sit with their chairs next to each other but facing opposite directions. This puts one students mouth right next to their partner's ear. They are facing away from each other. Might help. I didn't have anyone complain about the noise.
I didn't keep track of their progress, except to ask who beat their personal best each time. The partners know they have to be honest for accountability. Fourth graders get that, but we spend a lot of time on honest reporting. We do a 100 fact timed test once a month and I found the students who excelled with Super Speed also did well on the 100 fact, so I think they were being accurate.
Finally, as a check, I would sit with a student I was questionable about, or who needed encouragement, or anything else, and I would be their partner to make sure they were practicing correctly. They were the lucky winner of the day, when I chose who MY partner would be. Big treat!(wink)