thanks bronco, i just needed to see where you're coming from.
im familiar with the E4c's. very good in ear monitors (IEM's). so in terms of sound quality, probably any noise-cancelling you get is going to be a downgrade in fidelity. that may not matter to you, they'll still probably be enjoyable.
also, i have a pair of etymotic er4's. those are similar IEM's to your Shures. my etymotics have passive suppression of environmental noise by about 25db. active noise cancellation suppresses certain frequencies about 20-25db. so if your Shure's are anything like my etymotics, things won't be quieter in terms of airplane engine noise with noise-cancelling headphones than they are now with the Shures. also, passive sound reduction works on all sounds. noise-cancelling only works on certain frequencies of steady noise, and won't really isolate at all against things like baby's crying, conversation, etc. so the noise cancelling effect is going to be about the same, probably better overall with IEM's. however, the chewing thing is true though, this is a problem with IEM's.
noise cancelling over the ear headphones won't have this problem obviously. i also find IEM's somewhat uncomfortable, so this is another thing over the ear-headphones have going for them. i also think they can be inconvenient. an alternative to the bose are the sennheiser noise-cancelling headphone line. worth a look. i considered buying some myself, but the reviews of noise-cancelling headphones seemed so luke warm, most people seemed to prefer expensive IEM's (like your shures) that i decided to just keep using my etymotics.
the best place to research this stuff are the forums here:
www.head-fi.org. people on the headphone audiophile forums tend to hate anything bose, btw. they have a reputation as overpriced consumer junk. i have no experience with bose, so this isn't my opinion. just letting you know.