About the noise, it is true that the second-order information will be noisier than the gradient for a given batch size (and a lot of results out there for HF optimization are with impractically large batch sizes). In the paper we use relatively small batch sizes (eg 32 for the fine-tuning example) and show that you can still get an advantage from second-order information. Of course it would be interesting to study in more detail how noisy 2nd order information can be, and on more datasets.