Kenny,
I would suggest that rather than adjust the velocity; even if you can alter it sufficiently to make a perceptible decrease in noise; you might be better off to concentrate on dry training. If done conscientiously this can be very valuable in improving technique. Alternatively, you might consider investing in an electronic trainer such as SCATT. Although secondhand USB SCATT systems tend to sell for around £4-500, it is possible to pick up a Rika trainer for under £200.
Rutty