I just wanted some advice and opinions on basement insulation. I finished part of the basement a couple of years ago, and want to finish the rest. The original part I finished with 2x4 studs, 16 inch centers, and R-12 pink fiber insulation. I'm going to do the rest with 2x4 24 inch centers this time (why pay for more wood when its not structural?). Anyway, I've seen some guys that have put rigid insulation against the wall and build the wall against that rather than the wall against the foundation with fiberglass between the studs. I suppose the theory is, you are insulating where the wood would be, studs have what an R value of 2 or something? You don't have to put vapor barrier up against the foundation side. But, the rigid insulation I've seen doesn't hold a candle to what you can get for either fiberglass or a rock whool product, (even though I used the lowest R-12). Where I come from, we have a grant from the electricity company that'll pay for insulation. Which is the better way to go in your opinions?
Keep in mind although doing both would kick butt, I doubt the grant would be approved, and I'm doing it myself, and I don't need the headache. Thanks guys!