I have the 207 (my 2nd one, 1st one failed back in January and had to be replaced by Fluval).
The 2nd one has almost the same issue, the noise is not as bad - your sounds more... dry?
Mind runs fine for a few hours, then slowly the noise comes until the flow rate is almost nothing, and the noise is at its worst. If I turned it off for an hour or so, and on again - it's fine and the process repeats itself.
I'm at a stage where I have to do this every day, twice a day. Driving me nuts!
Impeller has nothing broken, has been cleaned, lubed etc - no air leaks found.
Only real observation is when I turned it off, it sounds like a small amount of air either comes out, or into the output outlet.