Reflective insulation needs an air space to work. 1/2 inch on up. Of course it also cuts down emissivity.
Solid foam board is the only insulation to use with moisture. More people are useing it.
I have been thinking and reading about basement insulation. Many do it differently. The only sure thing is to use solid foam board. Moisture and water leaks, make things difficult. For example, nor practice is to use fiberglass with a moisture backing facing the inside room. Its not a perfect seal by any means. Then you are in Florida, and the hot damp summer weather condenses on the outside of poorly insulated walls causing mold.
I used to walk into my garage and on a sunny day, and the heat was unbearable. Under the roof joists, I stapled reflective foil to the joists with the full space enclosed with the foil. Now, when I walk in the garage, I feel zero heat radiating downward from the roof. Its much cooler. The reflective foil I have, which is also preforated, can also lay on top of fiberglass or paper insulation in an attic, reflecting away the roof radiation.
McDonalds had it right. NEVER wrap food with foil. Well maybe if its preforated, to avoid soggy mess.
greg