One of the high-tech insulation products being utilized these days is a foam-spray product called "Icynene," which is a foam that starts as two liquid components (a and b, if you will) that are heated up and sent through two hoses and meet at a tip of a gun where the magic begins. This is a thin film that expands to 100 times its volume in eight seconds, when it's permanently set up.
Although spray polyurethane foam has many advantages over other types of insulation, spray foam installation isn’t foolproof. Some builders have reported problems with sloppy foam insulation. For example, some installers have been known to begin spraying before the chemical components are up to temperature, which can affect component mixing and foam performance. When components are poorly mixed, or mixed in the wrong ratio or at the wrong temperature, cured foam has been known to shrink away from rafters or studs, leaving cracks. Some installers rush through their spraying, resulting in voids. http://www.youtube.com/watch?feature=youtu.be&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.