A small update. So, I got one of those drok UPS power supplies ~ 50W version. Unfortunately the PSU was in a pretty bad shape on arrival. As soon as I took it out of the box something was rattling inside. A piece of aluminum to hold down a power diode for heat dissipation was loose. The perfect scenario for a short. Not a good start. Well, I took care of that and turned it on. A somewhat loud and periodic tick was audible as I hooked up my 12V 7aH battery. The output voltage was alright though.
Wasn't difficult to pin point the source of the noise. Sucker's coming from the flyback transformer! The core of the flyback was... loose, to put it mildly. At that point I thought about returning it, but I really dislike messing around with shipments with a relatively low cost. What am I going to do? I still need a PSU/UPS for the Pi!
Opened the damn thing up and disassembled it. What a mess! First thing came to my eye - a couple of schottky barrier rectifiers weren't properly attached to the heat sink. I also found a 220ohm resistor on the output soldered in instead of a capacitor. The silkscreen clearly shows an output cap, as it should, right? I checked some of their gut photographs of the product on amazon. There's a cap in there, yup.
The poor resistor was smoking hot. I knew I smelled something... Replaced it with an output cap. Actually I replaced just about anything that looked suspicious. What else? Some of the solder joints looked pretty bad. After all the 'mods' and cleaning up the ticking was gone. Now it seems to work just fine.
As for the further design. Well, I'm still going with the LM2576's. Got all the parts on my bench to finish off the DC-DC converter. I know they are inefficient in the world of SMPS's (~75%), but in this case I do have the power to spare. Wouldn't do it a second time though. What else? Apart from a crowbar for over voltage protection - that's about it. Everything seems to be working just fine. The next step is a low voltage disconnect to keep the battery safe. Until that arrives, I have to finish the board. It's a split board with two adjustable outputs. I need the second source for other piece of hardware with a different voltage output.
P.S the two TO-220's in the picture aren't properly secured to the heat sink yet.