Mike,
Mine is at least 8 years old so I cannot speak to the current but the lining in my version is extremely soft cloth. And, it's pretty quiet. I've worn the stuff for late season bowhunting and I won't accept a noisy wearable that has the potential to bugger a deer.
FWIW, I know you like to sache north of the border, I'd choose the MTO50 Whitetail Extreme over the wooltimate for the insulation alone.