I have the onan 2500watt LPG. It is great as a convenience, to be able to hit a switch and start the sucker up and do what u have to do and then kill it is very nice. I agree that it is loud, my dad had a 2000watt honda the thing was like 1/2 the noise even at full load and u could put it in the bushes or build a bit of a wall around it to diminish the noise even further. For constant usage for an AC unit i would say it would drive me nuts but that just my opinion. In terms of LPG usage i would say its quite low as in i dont notice significant reduction in propane during my limited use (few hours). I really have only used mine at the most for a couple hours at a time for battery charging in winter. We never run the thing if someone is camping near us, only if we are camping somewhere by ourselves.
Information can be found here for the fuel consumption:
Onan 2500watt owners manual PDFAccording to ONAN it uses
1.2 lbs/hr under no load
1.6 lbs/hr under half load
2.3 lbs/hr under full load