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I think I would go traditional. The major difference would be access to utilities. That can be done with traditional studs and sheet rock. Also, the ad mentions moisture resistance. If moisture is a problem, it needs to be repaired first or you will have mold issues later.
I don't know what your current basement is right now but, in my humble opinion it would be better to do framing and sheet rock. I don't see any real advantage.
I saw this first-hand at the IHBS (International Home Builders Show) when OC first introduced it. I was very impressed with the system and how it was installed- especially its acustical qualities. Then I got a price schedule and about fell out on the floor!
Could I shave 3wks off a build out schedule- your damn right! Was it worth the extra $10-12k; oh, Hell no! Especially when a homeowner can have a finished space that looks just like the rest of the house- instead of "panelized" basement.
Have you checked out the insofast system for framing and insulating concrete walls? Still need to do the sheet rock to finish. It's a great product, I just used it finish 1260 sq ft for about 2k, with no holes in my concrete.
Same thing on my end. I can potentially finish 800 sq ft.
Currently my basement is bare concrete (both walls and floor), exposed joists as well.
I think I'm going to put a coat of drylock on the walls, then see if there is a contractor that can frame it and install a drop ceiling.
Part of that basement, will be a dedicated home theater so it will have the black ceiling tiles instead of white. It's pretty much a rectangle basement.
One contractor quoted me $5000. That includes materials and labor to frame a 14X14, install drop ceiling and sheetrock finish but excludes flooring. I nearly dropped to the floor when he said excluding flooring, electrical work.
I think $5000 for 14X14 is too high.
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