Here are the questions I would ponder before making a decision. Since you had a 2 gallon compressor you should be able to determine:
1. Was the 2 gallon compressor running all the time? Filling tires is not a major demand for air, unless they are flat. If your pressure pot is set at 45-60 lbs. did that cause the compressor to run for longer periods of time?
2. Was the noise tolerable to you?
3. Do you intend to increase your production of blanks substantially in the future?
It is true that oil type compressors are quieter and last longer, but that does not necessarily mean you need one. If the noise isn't a problem to you and your needs are occasional rather than daily, a oilless will last a good long time, if properly cared for. I have found that the larger tank really reduces the amount of times the compressor runs and if I were buying I would go for the biggest tank I could reasonably afford. Later on, you can add an additional storage tank if need be, although that method is more expensive than getting a bigger tank with the initial compressor purchase.
IMO, I really hate the noise. I prefer the oil style compressors for this reason. However, if you plan to use the shop and know you will need air, you can turn on the compressor, then leave the shop for a few minutes while gathering your blanks or kits, then return when its quiet. There are lots of ways to look at this.
I hope this helps sort out your dilemma. I tend to agonize over these decisions myself, so I know how it feels.