I have a few of the 4-4-2's covering a wide range of production years, the most recent being from a couple years ago. And yes, the whistle as it comes is not nearly loud enough. Other than the front guide truck, I do't see any internal differences between the 2-4-2's and the 4-4-2's.
I've tried smoke fluid brands (Bachmann, Model Power, SuperSmoke, Crest) other than the basic Lionel type that comes included in the sets and have found, without question, the new Lionel premium smoke fluid puts out the most smoke.
Granted it will never be like a fan driven smoke unit. Still, the output of smoke is noticeably better with the Lionel premium fluid.