I know this post has been around for ages, but in case anybody is interested and wants to hear of personal experience of noise cancelling headphones, here goes. I have two pairs of BOSE noise cancelling headphones. One at the office which covers my ears completely (BOSE Quiet Comfort 15) which is truly astonishing in its ability to blot out the sound of talking which I find extremely distracting when I am working. It will not completely get rid of all talking noise, but does an amazing job of it. At home, I have a pair of BOSE QuietComfort 3 which sit on top of the ear and do a good job of cancelling sound, but not as good as the 15. However, the audio quality of the QuietComfort 3 headphones is truly phenomenal - I am a singer and musician and use these when I am recording music. They are without doubt the best quality headphones I have ever heard, by a long way, and I have tried quite a few over the years. In my opinion they have an incredible range and quality. Amazing. They are also extremely comfortable to wear for long periods. By contrast the audio quality and comfort level of the Quiet Comfort 15 is not nearly so impressive.
Here's my summary of these two models:
BOSE QuietComfort 3: sound quality - truly outstanding. Noise cancelling - good. Comfort - exceptional - they are very light weight and feel extremely comfortable against the ear. Noise leakage (how much noise may be heard by other people in the room) - not so great. At high levels they leak quite badly so I would not recommend them if you want to blast the sound and not be a nuisance to others. Rechargeable - come with a recharger and spare battery section.
BOSE QuietComfort 15: sound quality - good, but not nearly so good as the '3'. Noise cancelling - exceptional. Really impressive. Comfort: not great, I must say. I find them quite uncomfortable to wear for long periods at work, though I put up with it because the noise cancelling is so good. Having said that, I have never found any over-the-ear headphone that I would consider comfortable for long periods. Noise leakage - better than the '3' but not as good as other brands. Not rechargeable - take a single AAA battery.
On balance, if you have the money, I would highly recommend the Quiet Comfort 3 for sound quality, and, to a lesser extent, the Quiet Comfort 15 if you work in a noisy office.