I've never encountered your issue, I don't believe you that it exists, and if it does you should suffer because I don't experience it!
Sorry, normally I don't edit quotes, but in this case I will. I simply hate people like you who oppose something that would have absolutely no negative effect, to you or others, and would provide only benefits.
So basically, you think Badspot should intervene because people are abusing sound. Right.
Badspot has removed/changed many things because of a few abusers, many to the disappointment of those with good intentions. However there are no good intentions here, so there is no one to disappoint.
If the OP wants a way to mediate the "max sound" audio can hit, they can use the volume settings in the options dialogue to set that limit
OP wants something that would make ear-rapingly loud sounds less ear-raping. Turning down the volume scales
every sound in game. Re-quoting,
turning down the volume to the point where I can /alarm in first person at a comfortable volume would make the rest of the game near-mute.
To clarify for a few people : This is a bug that only seems to affect some people. Normally, when you get close to a sound, it gets louder. With this glitch, however, its gets so loud that it hurts. I actually cringe a little whenever I hit my alarm key in first person, or experience any other sound with a similar distance away, without expecting it. It is just that bad.