Try doing my cheap test. I bought 6 panels of #8 mineral board, covered them with some nice fabric which was 75% off, glued 2 sets together so I had 4'' panels behind my speakers, place the other two at the first reflection point, covered it all in the fabric and secured with safety pins. I have a grand total of $46 bucks into these 4 panels as I wanted a cheap way to determine if it is worth the cost.
My system has never sounded this good and now that I know the panels make such a difference, I dont mind spending more money on them. I have ordered Ready Acoustic frames to finish out the panels. All in all, the finished panels will run me right at $46 each.