Sad to say - about 6 weeks after receiving my Mac Studio Ultra, last night I realized... it is now making a whine. Or maybe better described as a whistle. But it's a high frequency sound that slightly fluctuates, and my previous speculation was wrong, the pitch changes when I change the fan speed, but it does not go away.
I noticed it late last night, shutting things down when all was still and quiet. From my regular seating position, it's barely on the cusp of being noticeable. If I don't pay attention to it, I can somewhat ignore it. Especially when I have an external HDD running on the desk, as I often do. I think the monitor positioned above the Studio blocks some of the reflected sound from the wall, and also the IKEA sound dampening room divider panel placed against the wall behind the Studio helps some too. (Behind that is glass windows, the IKEA panel was an experiment in reducing reflected sound from all the desk tech.)
I have a UPS nearby that makes an annoying coil whine and chirp, that's louder than the Studio's whistle but I am hoping to put the UPS inside of a cabinet soon. Turning down the Studio's fans to 1150 RPM seems to drop the whistle to a frequency that blends in better with the ambient sound, sensor temps seem to be OK with the fan reduction.
I'm bummed to realize I've lost the fan lottery, well outside of my return window but at least I did get AppleCare. I can definitely live with it for a while, and it doesn't seem like there'd be any chance of getting a replacement unit soon. I think I'll wait and see if there's some kind of recall program, I wonder how many other people's Studios that seemed fine at first will develop the whine over time. 😢
Or maybe this is my excuse to trade up next year to the Studio 2 or new Mac Pro....