I am on my second set of Swamper radials that I have grooved/siped. The first set was machine siped when new and then when they wore past the siping I grooved them. The second set I got used, and grooved and siped them.
My observations:
The first set was no louder than the Wrangler GSA's that came stock on the TJ until they wore past the siping. The grooving after that did'nt make a difference in noise level, maybe changed the tune, but still loud. The second set were cupped badly when I got them, so they were very noisy and never really got any quieter after grooving/siping. As to wear, the first set lasted @ 30K, with lots of on and off road use. I don't think chunking is an issue. There are lots of times where they will chunk out a piece of rubber, but you can see where it only removed a piece up till it hit the first cut in the tread and then it slipped over the rest of the tread, so maybe it actually reduced the amount that would have been torn away had they not been siped. Traction is greatly improved. I have no problem in snow/ice conditions in MN, and don't really use 4wd on the road.
If someone can clue me in as to posting pictures, I could show you a couple different patterns I have done.
Brian