Roof Coatings should not be confused with deck coatings. Deck coatings are traffic bearing - designed for waterproofing areas where pedestrian (and in some cases vehicular) traffic is expected. Roof coatings will only waterproof the substrates but will not withstand any kind of on going use by people or vehicles (such as walkways, patios, sundecks, restaurants, etc.). http://m.www.youtube.com/watch?feature=player_embedded&v=ggLAUsiuI_o
I recently did a remodel project for my basement using spray foam insulation. The original builder has used fiberglass, but I wanted the best insulation i could find. We chose closed cell foam because it blocks moisture from getting into the house. It took one day to install and was fumey for about 3 hours. It was pretty cool watching it being done. It comes out as a liquid and then expands rapidly into a foam. It's quick! Then they took a types of saw to shave it flat with the wall studs so we could then go ahead and drywall.
If you don't have the patience to slowly fill the void with spray foam through holes drilled in one of the studs, you could (if you were an experienced carpenter) use a Sawzall to remove one of the studs and re-frame the corner as a two-stud corner. Then you could either insulate the void with a fiberglass batt or simply present the two-stud corner to the spray-foam contractor as an accessible corner.

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This depends on the geographic location, insulation, and cost of electricity. Lawrence Berkeley National Laboratory (LBNL), Oak Ridge National Laboratory (ORNL), National Roofing Contractors Association (NRCA), and several roofing material manufacturers have computer programs that can estimate the savings. A growing number of energy consultants are available to provide environmental regulation compliance information. http://m.youtu.be/ggLAUsiuI_o
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