Open-cell is also known as half-pound foam. It has an R-Value of 3.5-3.6 per inch, and its density is bout 0.5 pounds per cubic food. Low-density foams like these are made partially from raw biological materials Carbon dioxide or water is also used in the makeup. Open-cell uses far less material than closed-cell, but its R-Value is lower. Also, open cell requires a vapor retarder (like gypsum wallboard) and is riskier when used for roof sheathing. It's not highly recommended that you use open-cell insulation if you live in a cold climate unless you have that extra barrier. You should also compare how much money you spend versus how effective the open-cell insulation is wherever it's installed.
I'm in the process of redoing my basement and read through the posts. I took out one inch styrofoam covered by 1/4 " beadboard and installed 2X4s and plan on putting in fiberglass batts between them(r-13) with 1/2 in drywall over top of that. Do you think I will see a significat increase in heat control? Should I have done more?... it's a little after the fact, but still curious to know if I will see a big difference based on your experience.