I guess my wife is right, my hearing ain't so good, I don't hear any terrible noise in that vid.
The rubber/fiberglass ones in my OMC can make noises that sound like a bearing knock. It damn near drove me crazy when I did my top end overhaul. What happend was this...had to replace cyl heads, head gaskets, etc due to bad overhead several years prior. Original engine had the OMC bat wing one piece V-6 exhaust. During the top end overhaul I had to change over to the newer 2 piece exhaust style later used by OMC and Volvo (Volvo used this style all the way till the dreaded cat converter era) but they dropped the flappers in '99. Of course mine still has flappers. So after the rebuild I start it up, starts right away, sounds great...then I hear a faint knocking noise that would come and go. It took me a while but with the mechanic's stethescope I localized it to the dang flappers in the Y pipe! Apparently the water flow with the newer style exhaust is different and changes the movement/vibration of the flappers. Thank goodness for the mechanic's stethescope!