[widebody911]

The place where I got my hose made up (an air tool specialty store) sells cool little cork & rubber pads for sitting a compressor on. Mine is bolted to a pallet; since it's outside, and in it's own house, I never really worried about the noise. I bought these big rubber disks with holes in them to isolate it, but I found they work great as pads for the lift.

The setup outlined in the diagram is The Bomb, but probably overkill for a home shop.

My compressor sits outside, and I plumbed my supply line underground, cools the air nicely. I have a drier and a drier-filter in sequence, and the 2nd one never gets any water.