Dont have a 103, my bike is a 96" and don't know how you define "hot" or "noisey" but can tell you most people feel HD's run hot from the factory. Looks like you have a decatted Stage 1 so, as long as your fluids are good, I'd say your running as cool as your gonna get without putting in cams. Take some temperature readings if you can and get back with us. (you'll note the new HD oil temp gauges read up to 350*).
As far as noisey, it's a v-twin, they make noise, especially compared to water cooled metric bikes. Can you be a little more specific??