However, I think the 029 keypunch didn't overlap the lifetime of the 1401, but I could be wrong.
The other marvel of the day was the 1403 printer, which had a lifetime that went long beyond the 1401. It was a bit noisy, and the cover you see in the photos there did serve as a pretty good damper.
However, when I did a co-op at IBM in Portland Oregon during my engineering studies, they had a 1403 printer hooked to a 360/30 printing library catalog cards. There was a roll of card stock feed by an automatic feeder that set perhaps 5 feet from the printer. It would feed more stock from the three-foot diameter roll when the printer pulled the paper out. The length of card stock between the printer and the feeder served as a very effective sound amplifying board causing quite a racket.